Get Approved at The Lowest Rate
Traditional mortgage requirements in Diboll, 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 Diboll, 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 Diboll, 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 Diboll, 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 Diboll, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Diboll, 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 Diboll, 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 Diboll, 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 Diboll, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Diboll, 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.
A 12 month bank statement loan in Diboll, Texas offers flexibility for self-employed individuals or those with non-traditional income sources. This type of loan allows applicants to qualify based on their bank statements rather than traditional income verification, making it easier for small business owners or freelancers to secure financing. Diboll, Texas, with a population of approximately 5,000, features a diverse community with a median age of 32 years old. The town has a suburban feel and is known for its strong sense of community, making it an ideal place for families and individuals looking for a close-knit environment. The housing market in Diboll, Texas, offers a variety of options ranging from affordable single-family homes to larger properties with spacious yards. With a median home price of $120,000, Diboll presents a great opportunity for first-time homebuyers or those looking to invest in real estate in a growing area. While in Diboll, Texas, visitors can enjoy attractions such as the beautiful Ellen Trout Zoo, which houses over 800 animals, or explore the history of the region at the Museum of East Texas. Outdoor enthusiasts can take advantage of the nearby hiking trails and parks, making Diboll an attractive destination for nature lovers.
Benefits of a 12 Month Bank Statement Loan in Diboll, Texas
