Get Approved at The Lowest Rate
Traditional mortgage requirements in College Station, 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 College Station, 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 College Station, 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 College Station, 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 College Station, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in College Station, 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 College Station, 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 College Station, 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 College Station, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in College Station, 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.
College Station, Texas offers a unique opportunity for individuals seeking a 12-month bank statement loan. Benefits include flexible qualification criteria, streamlined application processes, and the ability to prove income through bank statements rather than traditional employment verification. Demographically, College Station is a vibrant city with a significant student population due to being home to Texas A&M University. The presence of a educated and diverse population contributes to a thriving local economy and a strong sense of community. In terms of the housing market, College Station boasts a stable and growing real estate sector. The city offers a variety of housing options ranging from affordable apartments to spacious family homes, making it an attractive location for individuals with different housing needs. Main attractions in College Station include the George Bush Presidential Library and Museum, the picturesque Research Park, and the bustling Northgate district with its array of shops, restaurants, and entertainment options.
Benefits of a 12 Month Bank Statement Loan in College Station, Texas
