Get Approved at The Lowest Rate
Traditional mortgage requirements in Crosby, 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 Crosby, 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 Crosby, 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 Crosby, 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 Crosby, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Crosby, 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 Crosby, 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 Crosby, 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 Crosby, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Crosby, 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 primary benefits of a 12-month Bank Statement Loan in Crosby, Texas is the flexibility it offers to self-employed individuals or those with non-traditional income sources. This type of loan does not require traditional income verification and instead relies on bank statements to assess financial stability. Demographically, Crosby, Texas is a vibrant community with a mix of residents from different backgrounds. The town has a growing population, particularly among young families and professionals seeking a suburban lifestyle with easy access to the city of Houston. In terms of the housing market, Crosby, Texas offers a range of options from affordable single-family homes to spacious properties with acreage. The market is competitive yet stable, making it an attractive location for both first-time homebuyers and seasoned investors. Some of the main attractions in Crosby include the nearby Lake Houston for outdoor recreational activities, local parks and green spaces for family outings, and a variety of dining options to cater to different tastes. The town has a strong sense of community and a welcoming atmosphere.
Benefits of a 12-Month Bank Statement Loan in Crosby, Texas
