Get Approved at The Lowest Rate
Traditional mortgage requirements in Citrus Heights, 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 Citrus Heights, 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 Citrus Heights, 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 Citrus Heights, 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 Citrus Heights, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Citrus Heights, 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 Citrus Heights, 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 Citrus Heights, 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 Citrus Heights, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Citrus Heights, 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.
When considering a 12-month bank statement loan in Citrus Heights, California, there are a number of advantages to keep in mind. These types of loans are ideal for self-employed individuals or those with non-traditional income sources who may have difficulty providing standard financial documentation. Demographically, Citrus Heights is a vibrant and diverse community located in Sacramento County. With a population that is steadily growing, the city boasts a mix of young professionals, families, and retirees, creating a dynamic and welcoming atmosphere. In terms of the housing market, Citrus Heights offers a range of options to suit different preferences and budgets. From cozy single-family homes to modern apartments, there is something for everyone. The market is competitive but with interest rates remaining favorable, now is a great time to invest in property. Some of the main attractions in Citrus Heights include the Rusch Botanical Gardens, the Sunrise Mall, and the Arcade Creek Park Preserve. Whether you enjoy outdoor activities, shopping, or cultural experiences, Citrus Heights has something for everyone to enjoy.
Benefits of a 12 Month Bank Statement Loan in Citrus Heights, California
