Get Approved at The Lowest Rate
Traditional mortgage requirements in Biggs, 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 Biggs, 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 Biggs, 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 Biggs, 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 Biggs, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Biggs, 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 Biggs, 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 Biggs, 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 Biggs, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Biggs, 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.
A 12-month bank statement loan in Biggs, California offers numerous benefits for individuals seeking flexible financing options. This type of loan is ideal for self-employed individuals or those with non-traditional income sources, as it allows them to use their bank statements as proof of income, rather than traditional pay stubs or tax returns. Demographically, Biggs, California, is a small yet vibrant community located in Butte County. With a population of approximately 2,000 residents, Biggs offers a tight-knit feel and a strong sense of community. The town is known for its agricultural roots, particularly its almond and walnut orchards, making it an attractive location for those seeking a peaceful, rural lifestyle. In terms of the housing market, Biggs, California, provides affordable housing options compared to nearby urban areas. The median home price in Biggs is lower than the state average, making it an appealing option for first-time homebuyers or individuals looking to invest in real estate. The market is relatively stable, with steady appreciation rates over the past few years. Main attractions in Biggs, California, include the Biggs Museum, which showcases the town's rich history, and the Biggs Eastside Park, a popular spot for picnics and outdoor recreation. Additionally, the town's proximity to recreational areas like the Oroville Forebay and Feather River offer residents ample opportunities for outdoor activities.
Benefits of a 12 Month Bank Statement Loan in Biggs, California
