Get Approved at The Lowest Rate
Traditional mortgage requirements in Granbury, 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 Granbury, 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 Granbury, 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 Granbury, 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 Granbury, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Granbury, 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 Granbury, 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 Granbury, 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 Granbury, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Granbury, 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.
Benefits A 12-month bank statement loan in Granbury, Texas offers self-employed individuals a flexible financing option, allowing them to use their bank statements instead of traditional income verification. This can be beneficial for those with irregular income streams. Demographics Granbury, Texas, is a vibrant city with a population that boasts a diverse mix of age groups, including working professionals, families, and retirees. The city's population growth has been steady, attracting individuals seeking a blend of small-town charm and modern conveniences. Housing Market The housing market in Granbury, Texas, offers a range of options from cozy single-family homes to luxurious waterfront properties on Lake Granbury. The market is competitive but stable, with a variety of neighborhoods catering to different preferences and budgets. Main Attractions Granbury is known for its historic downtown square, offering a mix of boutique shops, dining options, and entertainment venues. Additionally, the city is home to attractions like Granbury Opera House and Granbury City Beach, providing opportunities for recreation and cultural experiences.
Benefits of a 12-Month Bank Statement Loan in Granbury, Texas
