Get Approved at The Lowest Rate
Traditional mortgage requirements in Falfurrias, 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 Falfurrias, 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 Falfurrias, 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 Falfurrias, 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 Falfurrias, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Falfurrias, 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 Falfurrias, 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 Falfurrias, 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 Falfurrias, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Falfurrias, 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 Falfurrias, Texas provides flexibility for self-employed individuals or those with non-traditional income sources. These loans require fewer documents, simplifying the application process. Additionally, they offer competitive interest rates and can help individuals with varying credit histories secure financing. Demographics: Falfurrias, located in Brooks County, Texas, has a diverse population with a mix of Hispanic, Caucasian, and African American residents. The town has a strong sense of community and a lower cost of living compared to many urban areas. Housing Market: The housing market in Falfurrias offers affordable options for first-time homebuyers and families looking to invest in property. The town features a mix of historic homes and newer developments, catering to different preferences and budgets. Main Attractions: Falfurrias is known for its rich history, with attractions like the Heritage Museum and the Brooks County Courthouse drawing visitors interested in the town's past. Nature enthusiasts can explore the local parks and wildlife areas, while food lovers can enjoy traditional Texan cuisine at local restaurants.
Benefits of a 12 Month Bank Statement Loan in Falfurrias, Texas
