Get Approved at The Lowest Rate
Traditional mortgage requirements in Euless, 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 Euless, 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 Euless, 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 Euless, 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 Euless, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Euless, 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 Euless, 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 Euless, 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 Euless, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Euless, 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.
Obtaining a 12-month bank statement loan in Euless, Texas offers numerous advantages for self-employed individuals. These loans do not require traditional income documentation, allowing flexibility for those with irregular income streams. Additionally, they can be a great option for individuals with a strong credit history but inconsistent earnings. Euless, Texas, with a population of approximately 55,174, boasts a diverse community with a median age of 34 years. The city is characterized by its vibrant culture and strong sense of community, making it an ideal place to live for families and professionals alike. The housing market in Euless is thriving, with a wide range of housing options available to cater to different preferences and budgets. From modern apartments to spacious single-family homes, there is something for everyone in Euless. The city's real estate market is stable, making it a smart investment choice for homebuyers. Euless is home to various attractions, including the beautiful Bob Eden Park, which offers scenic walking trails and recreational facilities for residents to enjoy. Additionally, the city's proximity to major attractions in the Dallas-Fort Worth area provides residents with easy access to a wide range of entertainment options.
Benefits of a 12 Month Bank Statement Loan in Euless, Texas
