Get Approved at The Lowest Rate
Traditional mortgage requirements in Duarte, CA 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 Duarte, CA 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 Duarte, CA 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 Duarte, CA, 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 Duarte, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Duarte, CA 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 Duarte, CA 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 Duarte, CA, 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 Duarte, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Duarte, CA? 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 to secure financing in Duarte, California? A 12-month bank statement loan can be a great option for self-employed individuals or those with non-traditional income sources. These loans require minimal documentation and consider your bank statements for income verification, making them ideal for those who may not qualify for conventional loans. Duarte, California, situated in Los Angeles County, boasts a diverse population. With a mix of Hispanic, Asian, and Caucasian residents, the city offers a vibrant community rich in culture and heritage. The median age in Duarte is 40 years, making it an attractive spot for families and professionals alike. The housing market in Duarte is competitive yet varied. From single-family homes to townhouses and apartments, there is a range of options to suit different budgets and preferences. The median home price in Duarte is $600,000, with a steady appreciation rate over the past years, making it a sound investment for potential buyers. When in Duarte, be sure to visit the popular Fish Canyon Falls for a refreshing hike, explore the historic Route 66, or take a trip to the nearby City of Hope National Medical Center for a glimpse into cutting-edge healthcare. With its proximity to major attractions like Los Angeles and the San Gabriel Mountains, Duarte offers a blend of urban conveniences and natural beauty.
Benefits of a 12-Month Bank Statement Loan in Duarte, California
