Get Approved at The Lowest Rate
Traditional mortgage requirements in Dell City, 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 Dell City, 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 Dell City, 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 Dell City, 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 Dell City, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Dell City, 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 Dell City, 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 Dell City, 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 Dell City, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Dell City, 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.
Securing a 12 month bank statement loan in Dell City, Texas provides borrowers with a flexible financing option. Unlike traditional mortgages, this type of loan assesses eligibility based on bank statements rather than tax returns, making it suitable for self-employed individuals or those with irregular income. Dell City, Texas, a small town in Hudspeth County, has a population that largely consists of families and retirees. The town's community-focused atmosphere and low crime rates make it an attractive place for those seeking a peaceful and tight-knit community to call home. In terms of the housing market, Dell City offers affordable real estate options compared to nearby urban areas. The median home price is lower than the state average, making it an appealing location for first-time homebuyers or those looking to invest in property. Some main attractions in Dell City include a visit to the Guadalupe Mountains National Park, where outdoor enthusiasts can enjoy hiking and camping. The town is also known for its pristine desert landscapes and stunning sunsets, offering residents a tranquil and scenic environment to explore.
Benefits of a 12 Month Bank Statement Loan in Dell City, Texas
