Get Approved at The Lowest Rate
Traditional mortgage requirements in Hurst, 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 Hurst, 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 Hurst, 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 Hurst, 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 Hurst, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Hurst, 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 Hurst, 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 Hurst, 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 Hurst, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Hurst, 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.
A 12-month bank statement loan in Hurst, Texas offers several advantages. Firstly, it provides self-employed individuals or those with non-traditional income sources the chance to secure financing based on their bank statements rather than traditional income documentation. Secondly, these loans usually have a quicker and more streamlined application process compared to conventional mortgages, making them ideal for those looking for faster financing options. Additionally, they may allow for a higher debt-to-income ratio, helping borrowers with unique financial situations qualify for a loan. Demographically, Hurst, Texas is a diverse community with a mix of families, young professionals, and retirees. The city offers a high quality of life, excellent schools, and a range of housing options to suit different needs and budgets. In terms of the housing market, Hurst has seen steady growth in property values over recent years, making it an attractive location for both buyers and investors. The market offers a mix of single-family homes, townhouses, and apartments, catering to various preferences. Main attractions in Hurst include the NRH2O Family Water Park, Shops at North East Mall, and Chisholm Park, providing entertainment and recreational opportunities for residents of all ages.
Benefits of a 12-Month Bank Statement Loan in Hurst, Texas
