In a world that is becoming increasingly interconnected, PadSplit is committed to providing affordable housing solutions for all members of society, regardless of their nationality or background. Understanding the diverse needs of its potential members, PadSplit has recently expanded its acceptance criteria to include Individual Taxpayer Identification Numbers (ITINs) as an alternative to Social Security Numbers (SSNs). This significant step opens doors to a wider range of individuals and reflects PadSplit’s dedication to inclusivity and equal housing opportunities.
Breaking barriers for ITIN holders
By accepting ITINs, PadSplit opens its doors to those who might otherwise struggle to find housing. Whether you’re an international student, a recent immigrant, or simply don’t have an SSN, you can now rent a private, furnished room with utilities and Wi-Fi included, all at an affordable weekly rate.
What is an ITIN and why is it important?
An Individual Taxpayer Identification Number (ITIN) is issued by the IRS to individuals who are not eligible for a Social Security Number but need to file taxes in the U.S. This includes international students, immigrants, and foreign workers. ITIN holders often face difficulties securing housing due to the absence of an SSN, which is a common requirement for rental applications. By accepting ITINs, PadSplit offers a way for these individuals to find secure, affordable housing, providing an inclusive option for those without traditional credentials.
ITINs are also crucial for participating in other financial activities in the U.S., such as opening bank accounts, obtaining ITIN mortgages, and building a credit history.
How to apply for an ITIN
If you don’t already have an ITIN, here’s how you can apply:
- By Mail: Submit a completed Form W-7 (Application for IRS Individual Taxpayer Identification Number) along with original documentation or certified copies proving your identity and foreign status. Mail these to: Internal Revenue Service
ITIN Operation
P.O. Box 149342
Austin, TX 78714-9342 - In-Person Assistance: Alternatively, you can apply in person through an IRS-authorized Certifying Acceptance Agent or schedule an appointment at an IRS Taxpayer Assistance Center to submit your documents without needing to mail them.
ITIN applications generally take about seven weeks to process. You can check the status of your application by contacting the IRS if needed.
Ease of the process: Applying with an ITIN at PadSplit
Applying for a room at PadSplit with an ITIN is straightforward and simple. Here’s how it works:
- Create a PadSplit profile: Visit the PadSplit website and create a member profile.
- Choose your home: Browse available rooms that fit your needs and budget.
- Submit your ITIN: When prompted, submit your ITIN as part of your identification documents.
- Move in: Once approved, you can move into a PadSplit room within 48 hours!
Approval process: PadSplit doesn’t require a minimum credit score, but applicants may undergo a national level criminal background screening. Proof of income or payment of upfront dues is required, and 84% of applicants are approved, making the process simple and fast for ITIN holders.
Financial empowerment through PadSplit
PadSplit’s affordable weekly rates can help members save money, which can be put toward other financial goals, like purchasing a car, building savings, or even securing an ITIN mortgage. The money saved by choosing PadSplit’s cost-effective housing can be used to take out personal loans, make large purchases, or further enhance your financial stability. On average, PadSplit members save $420 per month, compared to traditional rental options, which means more financial freedom for other important needs.
Member perks: Community support and credit-building
When you become a PadSplit member, you’re not just renting a room—you’re joining a supportive community. Members benefit from free telemedicine services, ensuring you have access to healthcare without the high costs associated with traditional visits. Additionally, PadSplit partners with Esusu to report on-time rent payments to credit bureaus, helping members improve their credit scores. This credit reporting is especially helpful for ITIN holders looking to build a stronger financial foundation.
Flexible payment options
PadSplit offers flexible payment options, allowing members to pay weekly or bi-weekly depending on what works best for their budget. You can also choose the day you want to make your payments, making it easier to align with your pay schedule. This flexibility is a key advantage over traditional rentals, which often require rigid monthly payments.
FAQ
1. Can I apply if I don’t have a Social Security Number (SSN)?
Yes! PadSplit now accepts ITINs, so you don’t need an SSN to apply for housing.
2. Is the process any different if I use an ITIN?
No, the application process is the same for ITIN holders. Simply provide your ITIN during the identification step.
3. How quickly can I move in?
Once your application is approved, you can move into a PadSplit room within 48 hours.
4. What are the additional benefits of living in a PadSplit home?
Along with affordable rent, utilities, and Wi-Fi, members have access to free telemedicine services, flexible payment options, and the ability to build their credit score through rent reporting.
5. What if I need help with my ITIN application?
If you have questions about ITINs or need assistance, you can reach out to the IRS for support. Call 800-829-1040 (within the U.S.) or 267-941-1000 (international) for guidance on your ITIN application status.
A more inclusive and empowered future
By accepting ITINs, PadSplit not only provides affordable housing but also fosters a sense of belonging and inclusion. This initiative helps international students, immigrants, and those without SSNs access secure, comfortable homes and join a diverse community. Beyond just housing, PadSplit empowers members to build financial stability—whether it’s improving their credit score, saving for larger financial goals, or working towards ITIN mortgage eligibility. Together, we’re building a brighter and more inclusive future for all.
Ready to take advantage of PadSplit’s flexible, affordable housing options? Explore available rooms for rent here.
