Business-Purpose Disclosure

Important qualification notice. The loan programs promoted by ITINHomeLoan.com are intended for business or commercial investment purposes and non-owner-occupied property.

Property occupancy

The subject property must be used as an investment property and may not be occupied by the borrower or the borrower’s family when prohibited by the selected program. A primary residence, vacation home or second home does not fit the investment-only programs promoted by this site.

Use of loan proceeds

Loan proceeds may not be used primarily for personal, family or household purposes. A cash-out request must have an eligible business or investment purpose. The lender may request documentation or certification describing the intended use.

Borrower certification

The borrower may be required to sign a business-purpose and occupancy certification during application or closing. Misrepresenting occupancy, use of proceeds or the purpose of the transaction can cause the request to be declined, the loan to be ineligible or other remedies permitted by law and the loan documents.

Program-specific determination

The final business-purpose determination depends on the complete facts, applicable law, investor requirements and underwriting. This website does not declare that every transaction is exempt from any particular federal or state law.

Questions may be directed to NonQM123 at (877) 897-4846.