Get Approved at The Lowest Rate
Traditional mortgage requirements in Cabazon, 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 Cabazon, 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 Cabazon, 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 Cabazon, 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 Cabazon, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Cabazon, 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 Cabazon, 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 Cabazon, 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 Cabazon, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Cabazon, 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.
One of the key benefits of a 12-month bank statement loan in Cabazon, California is the flexibility it offers to self-employed individuals or those with non-traditional income sources. This type of loan allows applicants to use their bank statements as proof of income, making it easier to qualify for a mortgage. Cabazon, California, boasts a diverse demographic mix with a growing population of young professionals and families. The median age in Cabazon is 33, and the area has a higher-than-average level of educational attainment, making it an attractive location for those seeking a vibrant community. The housing market in Cabazon, California, is dynamic, with a range of options available for potential homebuyers. From cozy single-family homes to spacious modern apartments, the real estate market caters to a variety of tastes and budgets. With property values appreciating steadily, investing in Cabazon real estate can be a smart financial move. While in Cabazon, visitors can explore popular attractions such as the Cabazon Outlets, known for its designer stores and great bargains. The nearby Morongo Casino Resort & Spa offers entertainment options for those looking to try their luck or unwind in luxury. Outdoor enthusiasts can also enjoy hiking trails in the surrounding mountains.
Benefits of a 12-Month Bank Statement Loan in Cabazon, California
