Get Approved at The Lowest Rate
Traditional mortgage requirements in Amherst, TX 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 Amherst, TX 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 Amherst, TX 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 Amherst, TX, 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 Amherst, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Amherst, TX 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 Amherst, TX 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 Amherst, TX, 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 Amherst, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Amherst, TX? 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.
Applying for a 12-month bank statement loan in Amherst, Texas provides flexibility for self-employed individuals or those with non-traditional income sources to secure financing without the need for extensive documentation of income. Demographics in Amherst, Texas, show a close-knit community with a population that values small-town living, making it an ideal place for families or those looking for a peaceful environment to call home. The housing market in Amherst, Texas, offers a mix of affordable single-family homes and charming properties, making it appealing for first-time homebuyers or those looking to invest in real estate in a tranquil setting. Some main attractions in Amherst include the historic downtown area, perfect for shopping and dining, as well as the local parks and outdoor recreational activities that showcase the natural beauty of the region.
Benefits of a 12-Month Bank Statement Loan in Amherst, Texas
