Get Approved at The Lowest Rate
Traditional mortgage requirements in Georgetown, 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 Georgetown, 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 Georgetown, 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 Georgetown, 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 Georgetown, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Georgetown, 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 Georgetown, 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 Georgetown, 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 Georgetown, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Georgetown, 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 Georgetown, Texas offers flexibility for self-employed individuals or those with non-traditional income sources. This type of loan relies on bank statements rather than tax returns, making it easier to qualify. Demographically, Georgetown, Texas, is a vibrant city with a population that enjoys a mix of urban and suburban feel. The median age is around 45 years old, and the majority of residents are homeowners. The community is known for its strong sense of togetherness and support. In terms of the housing market, Georgetown has seen steady growth in property values over the years. The real estate market offers a variety of options, from historic homes to modern developments, catering to different preferences and budgets. Georgetown is home to some main attractions, including the beautiful Blue Hole Park, the historic downtown square with charming shops and restaurants, and the well-known Southwestern University, offering cultural and educational opportunities to residents and visitors alike.
Benefits of a 12 Month Bank Statement Loan in Georgetown, Texas
