Get Approved at The Lowest Rate
Traditional mortgage requirements in Fountain Valley, 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 Fountain Valley, 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 Fountain Valley, 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 Fountain Valley, 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 Fountain Valley, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Fountain Valley, 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 Fountain Valley, 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 Fountain Valley, 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 Fountain Valley, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Fountain Valley, 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 Fountain Valley, California provides a convenient financing option for self-employed individuals who may not have traditional income documentation. This type of loan relies on bank statements to verify income, making it easier for business owners and freelancers to qualify. Demographically, Fountain Valley has a population of approximately 56,652 residents. The city is known for its diverse community, with a significant number of Asian Americans, particularly of Vietnamese descent. This cultural richness adds to the vibrant atmosphere of the city. In terms of the housing market, Fountain Valley offers a mix of single-family homes, townhouses, and apartments. The median home price in Fountain Valley is $837,500, making it an attractive location for those looking to invest in real estate or settle in a family-friendly neighborhood. Main attractions in Fountain Valley include Mile Square Regional Park, a sprawling green space offering recreational activities such as golfing, fishing, and picnicking. The city is also home to the Fountain Valley Sports Park, which features sports fields, playgrounds, and walking trails for outdoor enthusiasts.
Benefits of a 12 Month Bank Statement Loan
