Get Approved at The Lowest Rate
Traditional mortgage requirements in Irving, 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 Irving, 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 Irving, 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 Irving, 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 Irving, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Irving, 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 Irving, 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 Irving, 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 Irving, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Irving, 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 Irving, Texas can provide flexibility for self-employed individuals who may not have traditional income documentation. These loans often have easier approval processes and can be beneficial for those with fluctuating incomes or non-traditional employment. They offer an alternative to traditional mortgage loans and can help individuals achieve their dream of homeownership. Demographics: Irving, Texas has a diverse population with a mix of young professionals, families, and retirees. The city boasts a strong economy with a focus on industries like technology, healthcare, and hospitality. Irving is known for its cultural diversity, with a significant Hispanic and Asian population. Housing Market: The housing market in Irving, Texas is currently experiencing steady growth with a demand for housing in various price ranges. Home prices are competitive compared to neighboring cities, making Irving an attractive option for homebuyers. New construction and development projects are contributing to the city's housing market expansion. Main Attractions: Irving is home to the Mandalay Canal Walk at Las Colinas, a picturesque area with restaurants and shops. The Toyota Music Factory offers live entertainment, dining, and shopping options for residents and visitors. The Irving Arts Center showcases cultural performances, art exhibitions, and educational programs for the community.
Benefits of a 12-Month Bank Statement Loan in Irving, Texas
