Get Approved at The Lowest Rate
Traditional mortgage requirements in Granada Hills, 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 Granada Hills, 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 Granada Hills, 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 Granada Hills, 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 Granada Hills, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Granada Hills, 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 Granada Hills, 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 Granada Hills, 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 Granada Hills, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Granada Hills, 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.
Granada Hills, California offers a unique opportunity for individuals seeking a 12 month Bank statement loan. This type of loan is beneficial for those who may not have traditional pay stubs but can demonstrate a consistent income through their bank statements over the past year. Demographics in Granada Hills skew towards upper-middle-class families and professionals. The neighborhood has a diverse population, with a mix of backgrounds and cultures contributing to a vibrant community atmosphere. Residents value the area for its good schools, safe streets, and friendly neighbors. The housing market in Granada Hills is competitive yet offers a variety of options for prospective buyers. From spacious single-family homes to modern condominiums, there is something for everyone. The market is stable, with moderate appreciation rates making it an attractive location for both homebuyers and investors. Main attractions in Granada Hills include the beautiful O'Melveny Park, one of the largest parks in Los Angeles, offering hiking trails, picnic areas, and stunning views of the city. The neighborhood also boasts excellent dining options, shopping centers, and easy access to nearby attractions like Six Flags Magic Mountain.
Benefits of a 12 Month Bank Statement Loan in Granada Hills, California
