Get Approved at The Lowest Rate
Traditional mortgage requirements in Blythe, 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 Blythe, 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 Blythe, 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 Blythe, 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 Blythe, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Blythe, 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 Blythe, 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 Blythe, 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 Blythe, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Blythe, 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 Blythe, California offers flexibility for self-employed individuals or those with non-traditional income sources. It allows borrowers to qualify based on their bank statements rather than traditional income documentation, making it easier to get approved for a mortgage. Demographically, Blythe is a small city located in Riverside County with a population of approximately 20,000 residents. The city has a diverse community, with a mix of young families, retirees, and working professionals. The cost of living is relatively low compared to other areas in California, making it an attractive option for homebuyers. In terms of the housing market, Blythe offers a range of housing options from single-family homes to apartments. The median home price in Blythe is below the state average, making it an affordable choice for buyers. With the availability of a 12-month bank statement loan, more individuals can pursue homeownership in this picturesque desert city. Blythe is known for its outdoor recreational opportunities, including boating, fishing, and camping along the Colorado River. The city is also home to the Blythe Intaglios, a series of large geoglyphs that are of archaeological significance. Additionally, residents and visitors can enjoy the Blythe Bluegrass Festival and other community events throughout the year.
Benefits of a 12 Month Bank Statement Loan in Blythe, California
