Get Approved at The Lowest Rate
Traditional mortgage requirements in Garden 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 Garden 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 Garden 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 Garden 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 Garden City, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Garden 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 Garden 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 Garden 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 Garden City, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Garden 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.
A 12 month Bank Statement Loan in Garden City, Texas offers significant advantages to individuals seeking financing. This type of loan is ideal for self-employed individuals who may not have traditional income documentation but can show consistent deposits in their bank statements over the past year. Demographically, Garden City, Texas has a population of around 300 residents, providing a close-knit community feel. The town boasts a diverse mix of residents with a range of ages and occupations, creating a vibrant and welcoming environment for both families and retirees. In terms of the housing market, Garden City, Texas offers a mix of charming single-family homes, ranch-style properties, and spacious plots of land. The market is stable, with housing prices showing a steady increase year over year, making it an attractive location for homebuyers and investors alike. Main attractions in Garden City, Texas include the beautiful Glasscock County Courthouse, which is a historical landmark that attracts visitors from far and wide. Additionally, outdoor enthusiasts can enjoy the nearby Colorado River for fishing, boating, and other recreational activities.
Benefits of 12 Month Bank Statement Loan in Garden City, Texas
