Get Approved at The Lowest Rate
Traditional mortgage requirements in Harleton, 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 Harleton, 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 Harleton, 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 Harleton, 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 Harleton, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Harleton, 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 Harleton, 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 Harleton, 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 Harleton, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Harleton, 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.
When considering a 12 month bank statement loan in Harleton, Texas, there are several key benefits to take into account. Firstly, these types of loans are ideal for self-employed individuals who may not have traditional W-2 income documentation but can show consistent cash flow through their bank statements over the past year. This allows for more flexibility in the loan approval process. Demographically, Harleton is a small but growing community located in Harrison County, Texas. With a population of approximately 300 residents, it offers a close-knit and friendly environment for families and individuals looking for a quieter pace of life. The town is known for its strong sense of community and support for local businesses. In terms of the housing market, Harleton offers affordable real estate options compared to larger cities in Texas. The average home price is lower than the state average, making it an attractive option for first-time homebuyers or those looking to invest in property. With the current trend of rising property values, investing in real estate in Harleton could offer a good return on investment. Main attractions in Harleton include its natural beauty, with nearby parks and recreational areas that offer opportunities for hiking, fishing, and outdoor activities. The town also has a rich history, with historic sites and landmarks that showcase its past. Additionally, Harleton is close to larger cities like Longview and Marshall, providing easy access to urban amenities while still enjoying a rural lifestyle.
Benefits of a 12 Month Bank Statement Loan in Harleton, Texas
