Get Approved at The Lowest Rate
Traditional mortgage requirements in Fieldton, 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 Fieldton, 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 Fieldton, 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 Fieldton, 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 Fieldton, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Fieldton, 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 Fieldton, 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 Fieldton, 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 Fieldton, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Fieldton, 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.
One of the key advantages of a 12-month bank statement loan in Fieldton, Texas is the flexibility it offers to self-employed individuals or those with non-traditional income sources. Unlike traditional mortgages, this type of loan allows applicants to use their bank statements as proof of income, making it easier to qualify and secure financing. Fieldton, Texas, with a population of approximately 250 residents, is a small yet close-knit community that offers a peaceful and tight-knit living environment. The town is known for its friendly residents, low crime rates, and excellent schools, making it an ideal place to raise a family or retire. As for the housing market in Fieldton, Texas, it is currently experiencing steady growth with affordable home prices compared to larger urban areas. The average home value in Fieldton is $120,000, making it an attractive option for first-time homebuyers or those looking to invest in real estate. Some of the main attractions in Fieldton, Texas include the beautiful Fieldton Park, which offers picturesque walking trails and picnic areas for residents to enjoy. Additionally, the town hosts annual events such as the Fieldton Rodeo and Fall Festival, providing entertainment for the whole community.
Benefits of a 12-Month Bank Statement Loan in Fieldton, Texas
