Get Approved at The Lowest Rate
Traditional mortgage requirements in De Kalb, 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 De Kalb, 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 De Kalb, 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 De Kalb, 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 De Kalb, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in De Kalb, 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 De Kalb, 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 De Kalb, 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 De Kalb, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in De Kalb, 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.
Looking for a flexible financing option in De Kalb, Texas? A 12-month bank statement loan could be the solution you need. With this type of loan, self-employed individuals or those with non-traditional income can secure financing based on their bank statements. Demographics in De Kalb paint a vibrant picture of a small town with a population that values community and a slower pace of life. The town boasts a mix of families, retirees, and young professionals, creating a diverse and welcoming environment. Interested in the housing market in De Kalb? The town offers a range of housing options, from historic homes with charm to modern developments. With the 12-month bank statement loan, potential homeowners have the flexibility to explore these options and secure financing tailored to their needs. When in De Kalb, be sure to visit attractions such as the quaint downtown area with local shops and eateries, the picturesque Lake De Kalb for outdoor enthusiasts, and the Texas Country Music Hall of Fame for a taste of local culture and history.
Benefits of a 12 Month Bank Statement Loan in De Kalb, Texas
