Get Approved at The Lowest Rate
Traditional mortgage requirements in Bridge City, 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 Bridge City, 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 Bridge City, 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 Bridge City, 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 Bridge City, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Bridge City, 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 Bridge City, 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 Bridge City, 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 Bridge City, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Bridge City, 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.
Bridge City offers a 12-month Bank Statement Loan, catering to individuals with non-traditional income sources. This type of loan is beneficial for self-employed individuals or those with irregular income streams. Demographics in Bridge City, Texas, showcase a diverse community with a mix of families, professionals, and retirees. The town is known for its strong sense of community, excellent schools, and access to various amenities. The housing market in Bridge City is stable, offering affordable options for both renting and buying. The town boasts a range of housing styles, from cozy bungalows to modern condos, catering to different preferences and budgets. Main attractions in Bridge City include the beautiful Sunset Park, popular for picnics and outdoor activities, and the Bridge City Historical Museum, offering insights into the town's rich history. The nearby Sabine Lake provides opportunities for fishing and water sports.
Benefits of a 12-Month Bank Statement Loan in Bridge City, Texas
