Get Approved at The Lowest Rate
Traditional mortgage requirements in Athens, 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 Athens, 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 Athens, 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 Athens, 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 Athens, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Athens, 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 Athens, 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 Athens, 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 Athens, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Athens, 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.
One of the primary benefits of a 12-month bank statement loan in Athens, Texas is the streamlined application process. Instead of relying solely on traditional income verification methods, this type of loan allows self-employed individuals or those with non-traditional income sources to qualify based on their bank statements. Demographics in Athens, Texas reveal a vibrant community with a population that has been steadily growing. The city boasts a mix of ages, with a median age of around 37 years old, making it an attractive location for families, young professionals, and retirees alike. The housing market in Athens, Texas offers a mix of housing options, from historic homes with Southern charm to modern developments. The median home value in Athens is competitive, making it an affordable option for those looking to purchase property in a picturesque East Texas setting. Some of the main attractions in Athens include the Texas Freshwater Fisheries Center, which offers interactive exhibits and fishing opportunities, as well as the vibrant downtown area with shops, restaurants, and cultural events that showcase the city's rich history and community spirit.
Benefits of a 12 Month Bank Statement Loan in Athens, Texas
