Get Approved at The Lowest Rate
Traditional mortgage requirements in Devine, 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 Devine, 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 Devine, 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 Devine, 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 Devine, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Devine, 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 Devine, 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 Devine, 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 Devine, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Devine, 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.
Benefits: A 12-month Bank Statement Loan in Devine, Texas provides flexible financing options for self-employed individuals or those with non-traditional income sources. This type of loan offers easier qualification with no tax return requirements, allowing borrowers to secure financing based on their bank statements. Demographics: Devine, Texas is a picturesque town with a population of approximately 4,500 residents. The community is diverse, with a mix of families, young professionals, and retirees, creating a welcoming and inclusive atmosphere. Housing Market: The housing market in Devine, Texas offers a variety of options, from charming historic homes to modern developments. With a median home price of $200,000, the market is affordable yet competitive, making it an attractive location for both first-time buyers and investors. Main Attractions: Devine boasts a range of attractions, including the Devine Acres Farm where visitors can enjoy seasonal activities, the beautiful Hondo Creek perfect for outdoor adventures, and the vibrant downtown area with local shops and restaurants offering a taste of small-town Texas hospitality.
Benefits of a 12-Month Bank Statement Loan in Devine, Texas
