Get Approved at The Lowest Rate
Traditional mortgage requirements in Cross Plains, 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 Cross Plains, 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 Cross Plains, 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 Cross Plains, 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 Cross Plains, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Cross Plains, 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 Cross Plains, 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 Cross Plains, 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 Cross Plains, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Cross Plains, 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 key advantages of a 12 month bank statement loan in Cross Plains, Texas is the flexibility it offers to self-employed individuals or those with non-traditional income sources. These loans consider a borrower's bank statements over a year, allowing for a more comprehensive assessment of their financial stability. Cross Plains, Texas is a charming small town with a tight-knit community. The demographics include a mix of families, retirees, and young professionals looking for a peaceful and affordable place to call home. The town's welcoming atmosphere and affordable cost of living make it an attractive option for those seeking a quieter lifestyle. In terms of the housing market, Cross Plains offers a range of options from historic homes to modern developments. The market is stable with reasonable prices, making it an ideal location for first-time homebuyers or those looking to invest in real estate. The availability of the 12 month bank statement loan provides additional financing opportunities for potential buyers. While in Cross Plains, visitors can explore the scenic Mills Park, known for its lush greenery and walking trails. The town also boasts the Cross Plains Heritage Museum, showcasing the history of the area. Additionally, outdoor enthusiasts will appreciate the proximity to scenic spots like Lake Daniel and Lake Coleman for recreational activities.
12 Month Bank Statement Loan Benefits in Cross Plains, Texas
