Get Approved at The Lowest Rate
Traditional mortgage requirements in Bridgeport, 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 Bridgeport, 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 Bridgeport, 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 Bridgeport, 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 Bridgeport, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Bridgeport, 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 Bridgeport, 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 Bridgeport, 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 Bridgeport, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Bridgeport, 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.
Offering flexibility and convenience, a 12-month bank statement loan in Bridgeport, California allows self-employed individuals or those with non-traditional income sources to qualify for a mortgage based on their bank statements rather than tax returns. This type of loan can streamline the application process and provide a viable option for those looking to purchase a home. Bridgeport, California, a picturesque town with a population of approximately 400 residents, offers a tight-knit community feel ideal for families and nature enthusiasts. With a median household income higher than the state average, the town boasts a strong sense of community and support. The housing market in Bridgeport is characterized by a mix of charming single-family homes and cozy apartments, catering to various housing preferences. Although prices have shown a slight increase in recent years, the market remains relatively stable, providing opportunities for both buyers and sellers. Bridgeport, surrounded by the stunning Sierra Nevada Mountains, offers a wealth of outdoor activities such as hiking, fishing, and camping. Visitors can also explore the nearby Bodie State Historic Park, a well-preserved ghost town, offering a glimpse into California's rich history.
Benefits of a 12 Month Bank Statement Loan in Bridgeport, California
