Get Approved at The Lowest Rate
Traditional mortgage requirements in Centerville, 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 Centerville, 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 Centerville, 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 Centerville, 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 Centerville, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Centerville, 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 Centerville, 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 Centerville, 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 Centerville, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Centerville, 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.
One of the key benefits of a 12 Month Bank Statement Loan in Centerville, Texas is the flexibility it offers to self-employed individuals who may not have traditional income documentation. This type of loan allows applicants to use bank statements as proof of income, facilitating the loan approval process. Centerville, Texas, a small town located in Leon County, has a population of approximately 900 residents. The town boasts a charming historic downtown area with locally-owned shops and restaurants, creating a close-knit community feel. The housing market in Centerville is characterized by a mix of historic homes and newer constructions, offering a variety of options for potential buyers. The town's real estate market is known for its affordability compared to larger cities, making it an attractive location for those looking to own a home. Main attractions in Centerville include Fort Boggy State Park, a popular spot for outdoor activities such as hiking and fishing, and the Centerville Municipal Golf Course, providing recreational opportunities for residents and visitors alike.
Benefits of a 12 Month Bank Statement Loan in Centerville, Texas
