Get Approved at The Lowest Rate
Traditional mortgage requirements in Burney, 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 Burney, 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 Burney, 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 Burney, 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 Burney, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Burney, 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 Burney, 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 Burney, 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 Burney, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Burney, 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.
Obtaining a 12-month bank statement loan in Burney, California offers various advantages. These loans are ideal for self-employed individuals who may not have traditional income verification documents. With this type of loan, borrowers can use their bank statements to show their income, making it easier to qualify for a mortgage. Demographically, Burney is a small town located in Shasta County, California, with a population of around 3,154 residents. The town has a tight-knit community feel and offers a peaceful and serene living environment, making it an excellent place for families looking to settle down or retirees seeking a tranquil lifestyle. In terms of the housing market, Burney, California, provides diverse real estate options ranging from cozy single-family homes to spacious ranch properties. The town's housing market is relatively stable, with affordable prices compared to larger metropolitan areas in California, making it an appealing choice for homebuyers looking for a more affordable housing option. Some of the main attractions in Burney include the iconic Burney Falls, a stunning 129-foot waterfall located within McArthur-Burney Falls Memorial State Park. Outdoor enthusiasts can enjoy various recreational activities such as hiking, fishing, and camping in the picturesque surroundings of Burney. Additionally, the town boasts a vibrant local art scene and charming shops and restaurants for residents and visitors to explore.
Benefits of a 12 Month Bank Statement Loan in Burney, California
