Get Approved at The Lowest Rate
Traditional mortgage requirements in Costa Mesa, 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 Costa Mesa, 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 Costa Mesa, 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 Costa Mesa, 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 Costa Mesa, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Costa Mesa, 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 Costa Mesa, 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 Costa Mesa, 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 Costa Mesa, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Costa Mesa, 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.
A 12-month bank statement loan in Costa Mesa, California offers unique advantages to individuals looking for flexible financing options. This type of loan is beneficial for self-employed individuals or those with non-traditional income sources. Demographically, Costa Mesa is a vibrant city in Orange County with a diverse population. It is known for its thriving arts and culture scene, attracting residents from various backgrounds. The city's proximity to the coast and mild climate make it an attractive place to live. The housing market in Costa Mesa is competitive, with a mix of single-family homes, townhouses, and condos. The median home value in Costa Mesa is above the national average, reflecting the desirability of the area. Investing in real estate in Costa Mesa can offer long-term growth potential. Some of the main attractions in Costa Mesa include the South Coast Plaza, one of the largest shopping centers in the United States, the Segerstrom Center for the Arts, and the vibrant dining scene in the city. Costa Mesa also offers easy access to beautiful beaches and outdoor recreational activities.
Benefits of 12 Month Bank Statement Loan in Costa Mesa, California
