Get Approved at The Lowest Rate
Traditional mortgage requirements in Harwood, 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 Harwood, 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 Harwood, 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 Harwood, 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 Harwood, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Harwood, 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 Harwood, 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 Harwood, 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 Harwood, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Harwood, 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.
Obtaining a 12-month bank statement loan in Harwood, Texas offers numerous benefits. Firstly, these loans are ideal for self-employed individuals who may not have traditional W-2 forms but have consistent income. This type of loan allows for more flexibility in proving income and can ease the loan application process. Harwood, Texas, with a population of approximately 570 residents, boasts a diverse demographic profile. The community is known for its welcoming atmosphere and strong sense of community spirit. Residents here range from young families to retirees, creating a unique and inclusive environment. The housing market in Harwood, Texas, offers a mix of historic homes and modern properties. With a median home price below the national average, Harwood presents affordable housing options. The market is stable, making it an attractive location for both investors and homebuyers looking for value and potential growth. Harwood, Texas, is home to various attractions that cater to residents and visitors alike. From picturesque parks to local eateries and boutiques, there is something for everyone. The town's rich history can be explored through its museums and historical sites, providing a glimpse into its past.
Benefits of a 12-Month Bank Statement Loan in Harwood, Texas
