Get Approved at The Lowest Rate
Traditional mortgage requirements in Bartlett, 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 Bartlett, 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 Bartlett, 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 Bartlett, 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 Bartlett, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Bartlett, 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 Bartlett, 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 Bartlett, 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 Bartlett, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Bartlett, 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.
1. Flexibility: A 12-month bank statement loan in Bartlett, Texas offers flexibility to self-employed individuals by considering bank statements instead of tax returns for income verification. 2. Quick Approval: These types of loans typically have a faster approval process compared to traditional loans, making it ideal for those who need financing promptly. 3. Higher Loan Amounts: With a bank statement loan, borrowers may qualify for higher loan amounts than with conventional mortgages, based on their bank statement income. Demographics Bartlett, Texas has a population of approximately 1,500 residents. The town is known for its tight-knit community and friendly atmosphere, offering a tranquil setting for families and retirees. Housing Market The housing market in Bartlett is currently stable, with a variety of housing options available including single-family homes and charming bungalows. The median home price in Bartlett is around $150,000, making it an affordable place to live. Main Attractions Some of the main attractions in Bartlett include the historic Bartlett Opera House, the beautiful Bartlett City Park, and the local farmers' market offering fresh produce and handmade goods.
Benefits of a 12 Month Bank Statement Loan in Bartlett, Texas
