Get Approved at The Lowest Rate
Traditional mortgage requirements in Highland, 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 Highland, 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 Highland, 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 Highland, 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 Highland, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Highland, 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 Highland, 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 Highland, 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 Highland, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Highland, 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.
A 12-month bank statement loan offers flexibility to self-employed individuals or those with non-traditional income sources by not requiring traditional income verification. This type of loan can be a great option for those looking to purchase a home in Highland, California. Demographics: Highland, California, has a population of approximately 54,033 people. The city has a diverse community with a median household income of $61,655. The majority of residents are homeowners, creating a stable and vibrant community. Housing Market: Highland's housing market is competitive, with a median home value of $345,000. The market is currently experiencing growth, making it an attractive location for homebuyers. A 12-month bank statement loan can provide the financial flexibility needed to secure a home in this fast-paced market. Main Attractions: Highland is known for its scenic beauty and outdoor recreational opportunities. The city is located near the San Bernardino National Forest, offering residents access to hiking, biking, and camping. Additionally, Highland is home to the San Manuel Casino, providing entertainment and dining options for residents and visitors alike.
Benefits of a 12-Month Bank Statement Loan in Highland, California
