Get Approved at The Lowest Rate
Traditional mortgage requirements in Fairfax, 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 Fairfax, 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 Fairfax, 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 Fairfax, 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 Fairfax, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Fairfax, 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 Fairfax, 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 Fairfax, 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 Fairfax, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Fairfax, 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.
A 12 Month Bank Statement Loan in Fairfax, California offers flexibility for self-employed individuals or those with non-traditional income sources. It allows applicants to use their bank statements to verify income, instead of traditional pay stubs or tax returns. This can be particularly beneficial for individuals who may have fluctuating income throughout the year. The demographics of Fairfax, California, show a vibrant community with a population of around 7,500 residents. Known for its environmentally conscious mindset, the town attracts residents who value sustainability and outdoor activities. The town has a diverse population with a mix of families, young professionals, and artists creating a unique and inclusive community. When it comes to the housing market, Fairfax offers a mix of charming single-family homes, cozy apartments, and spacious townhouses. The market is competitive, with a median home price higher than the national average. However, the quality of life, proximity to nature, and strong community spirit make Fairfax an attractive option for those looking to settle down in a welcoming environment. Main attractions in Fairfax include the Fairfax Market, a popular local spot for organic produce and artisan goods. The town is also known for its thriving music scene, with live performances at venues like the 19 Broadway Bar & Nightclub. Outdoor enthusiasts can enjoy hiking and biking trails in the surrounding Marin County area, with stunning views of Mount Tamalpais.
Benefits of a 12 Month Bank Statement Loan in Fairfax, California
