Get Approved at The Lowest Rate
Traditional mortgage requirements in Aliso Viejo, CA can often be challenging, especially for self-employed individuals or those with non-traditional income sources. A Bank Statement Home Loan offers a flexible and convenient alternative, making homeownership more accessible for those who might not fit the standard loan criteria.
A Bank Statement Home Loan is designed for individuals who can demonstrate their ability to repay the loan through their bank statements rather than traditional income documentation such as W-2s or tax returns. This loan program in Aliso Viejo, CA is ideal for self-employed borrowers, freelancers, contractors, and small business owners who have a steady income but may not have the conventional paperwork to prove it.
Use your bank statements (usually 12 to 24 months) to verify income in Aliso Viejo, CA instead of traditional documents like tax returns. This flexibility accommodates various income types, including irregular or seasonal earnings.
Secure financing for a wide range of loan amounts in Aliso Viejo, CA, making it easier to purchase your dream home or refinance your existing mortgage.
Enjoy the benefits of competitive down payment options, ensuring you can invest in your home in Aliso Viejo, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Aliso Viejo, CA may not require PMI, potentially reducing your monthly payments.
Benefit from customized loan terms that suit your financial situation and long-term homeownership goals.
To qualify for a Bank Statement Home Loan, you need to meet the following criteria:
Ideal for individuals with self-employment income or other non-traditional income sources.
Provide 12 to 24 months of personal or business bank statements in Aliso Viejo, CA to verify income.
A good credit score is typically required, with specific minimums varying based on the loan amount and other factors.
Ability to make a competitive down payment in Aliso Viejo, CA, typically ranging from 10% to 20% of the purchase price.
Horizon Lending Services is dedicated to providing tailored mortgage solutions that meet your unique needs. Our experienced team understands the challenges of securing a loan with non-traditional income and is committed to helping you navigate the process with ease. We offer personalized service, competitive rates, and a seamless application process in Aliso Viejo, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Aliso Viejo, CA? Contact Horizon Lending Services today to learn more about how this flexible loan option can help you purchase or refinance your home. Our knowledgeable professionals are here to guide you through every step of the process, ensuring a smooth and successful experience.
Discover how Horizon Lending Services can make homeownership a reality with our Bank Statement Home Loan program.
Obtaining a 12 Month Bank Statement Loan in Aliso Viejo, California comes with numerous advantages. Firstly, this type of loan is ideal for self-employed individuals or business owners who may not have traditional income documentation but have a strong financial history. It allows for flexibility in income verification and can lead to a quicker approval process compared to traditional mortgage loans. Aliso Viejo, located in the southern part of Orange County, is a vibrant and diverse community. The city boasts a strong sense of community with a mix of young professionals, families, and retirees. It offers a range of amenities including parks, shopping centers, and top-rated schools, making it an attractive place to live for people of all ages. The housing market in Aliso Viejo is competitive yet stable. With a variety of housing options ranging from apartments to single-family homes, there is something for everyone. The median home value in Aliso Viejo is in the upper range compared to national averages, but the quality of life and amenities in the area make it a worthwhile investment. Some of the main attractions in Aliso Viejo include the Aliso and Wood Canyons Wilderness Park, a popular spot for hiking and exploring nature. The Aliso Viejo Town Center offers plenty of shopping and dining options, while the Aliso Viejo Country Club provides a picturesque golfing experience for residents and visitors alike.
Benefits of 12 Month Bank Statement Loan in Aliso Viejo, California
