Get Approved at The Lowest Rate
Traditional mortgage requirements in Exeter, 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 Exeter, 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 Exeter, 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 Exeter, 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 Exeter, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Exeter, 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 Exeter, 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 Exeter, 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 Exeter, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Exeter, 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.
Benefits: A 12-month bank statement loan in Exeter, California offers flexibility for self-employed individuals or those with non-traditional income sources. Minimal documentation requirements make the loan process quicker and simpler. Competitive interest rates and terms make this loan option attractive for borrowers looking to achieve their homeownership goals. Demographics: Exeter, California, has a population of approximately 10,000 residents, with a mix of families, professionals, and retirees creating a diverse community. The median household income in Exeter is above the national average, reflecting a stable and prosperous local economy. The town's population has been steadily growing, indicating a desirable place to live and work. Housing Market: The housing market in Exeter, California, offers a range of options from historic homes to modern developments, catering to different preferences. Median home prices are affordable compared to nearby metropolitan areas, making Exeter an attractive location for first-time buyers or those seeking a change of pace. The market is stable, with steady appreciation rates, making real estate in Exeter a sound investment. Main Attractions: Exeter is known for its vibrant art scene, with numerous galleries and murals adorning the city streets. The Sequoia National Park is a short drive away, offering residents opportunities for outdoor recreation and adventure. The annual Exeter Cherry Blossom Festival attracts visitors from near and far, showcasing the town's charm and community spirit.
Benefits of a 12 Month Bank Statement Loan in Exeter, California
