Get Approved at The Lowest Rate
Traditional mortgage requirements in Burleson, 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 Burleson, 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 Burleson, 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 Burleson, 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 Burleson, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Burleson, 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 Burleson, 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 Burleson, 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 Burleson, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Burleson, 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.
When considering a 12-month bank statement loan in Burleson, Texas, one of the main benefits is the flexibility it offers for self-employed individuals. Unlike traditional loans that rely heavily on tax returns and W-2 forms, this type of loan allows borrowers to use their bank statements as proof of income. This can be particularly advantageous for entrepreneurs or freelancers whose income may not be accurately reflected through conventional documentation. Demographically, Burleson is a vibrant city with a population that has been steadily growing in recent years. The median age in Burleson is around 35 years old, making it an attractive location for young families and professionals looking for a comfortable suburban lifestyle. The city boasts a strong sense of community and a welcoming atmosphere for residents of all backgrounds. On the housing market front, Burleson offers a diverse range of properties to suit different preferences and budgets. From cozy single-family homes to spacious modern apartments, the real estate market in Burleson is dynamic and caters to a wide range of buyers. The city's housing market has shown resilience and steady appreciation over the years, making it an appealing investment opportunity. Main attractions in Burleson include the beautiful Chisenhall Fields Sports Complex, a popular destination for sports enthusiasts and families alike. Additionally, Old Town Burleson charms visitors with its historic buildings, unique shops, and local dining options. Nature lovers can explore the picturesque Bailey Lake for outdoor activities and peaceful relaxation.
Benefits of a 12 Month Bank Statement Loan in Burleson, Texas
