Get Approved at The Lowest Rate
Traditional mortgage requirements in Falls City, 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 Falls City, 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 Falls City, 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 Falls City, 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 Falls City, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Falls City, 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 Falls City, 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 Falls City, 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 Falls City, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Falls City, 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 Falls City, Texas offers numerous benefits to individuals seeking financing options. This type of loan is ideal for self-employed individuals or those with non-traditional income sources, as it allows for more flexibility and less stringent income verification requirements. Demographically, Falls City is a small town located in Karnes County, Texas, with a population of approximately 600 residents. The town is known for its tight-knit community feel and family-friendly atmosphere, making it an appealing location for those looking for a quieter, more peaceful place to call home. In terms of the housing market, Falls City offers a mix of housing options, including single-family homes, ranch-style properties, and spacious lots for those looking to build their dream home. The market is relatively stable, with moderate home appreciation rates, making it a solid investment opportunity for prospective buyers. Some of the main attractions in Falls City include the Falls City Park, a popular spot for outdoor recreational activities, as well as the annual Falls City Chamber of Commerce BBQ Cook-Off, which draws visitors from all over the state. Additionally, the town is located near attractions such as Braunig Lake and the San Antonio River Walk, offering residents plenty of opportunities for entertainment and relaxation.
Benefits of a 12 Month Bank Statement Loan in Falls City, Texas
