Get Approved at The Lowest Rate
Traditional mortgage requirements in Colleyville, 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 Colleyville, 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 Colleyville, 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 Colleyville, 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 Colleyville, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Colleyville, 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 Colleyville, 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 Colleyville, 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 Colleyville, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Colleyville, 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.
Obtaining a 12-month bank statement loan in Colleyville, Texas comes with numerous benefits for self-employed individuals or those with non-traditional income sources. These loans offer flexibility in qualifying based on bank statements rather than tax returns, making them ideal for freelancers and small business owners. Colleyville, a flourishing city in Tarrant County, Texas, boasts a demographic of affluent residents with a median household income significantly higher than the state average. The city is known for its top-rated schools, low crime rates, and high property values, making it an attractive location for homebuyers. The housing market in Colleyville is robust with a diverse range of properties available. The city offers a mix of luxurious estates, upscale neighborhoods, and charming suburban homes. The market has seen steady appreciation in home values over the years, making it a sound investment choice for buyers. Colleyville is home to several main attractions, including the charming Village at Colleyville, a hub for shopping and dining. The city also boasts numerous parks, trails, and recreational facilities for outdoor enthusiasts. With its close proximity to Dallas and Fort Worth, residents enjoy easy access to cultural events and entertainment options.
Benefits of a 12-Month Bank Statement Loan in Colleyville, Texas
