Get Approved at The Lowest Rate
Traditional mortgage requirements in Artesia Wells, 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 Artesia Wells, 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 Artesia Wells, 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 Artesia Wells, 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 Artesia Wells, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Artesia Wells, 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 Artesia Wells, 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 Artesia Wells, 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 Artesia Wells, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Artesia Wells, 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.
Obtaining a 12-month bank statement loan in Artesia Wells, Texas offers numerous benefits. Firstly, it provides self-employed individuals a flexible option for securing a mortgage without the need for traditional income verification. Demographically, Artesia Wells is a charming small town in La Salle County, Texas, with a population of approximately 400 residents. The community is known for its friendly atmosphere and close-knit community feel. In terms of the housing market, Artesia Wells offers a range of affordable housing options suitable for various budgets. The real estate market is stable, making it an attractive location for first-time homebuyers and families looking to settle down. Some of the main attractions in Artesia Wells include its picturesque countryside, ideal for outdoor enthusiasts. The town also boasts historical sites that offer a glimpse into its rich cultural heritage, making it a unique place to call home.
Benefits of a 12-Month Bank Statement Loan in Artesia Wells, Texas
