Get Approved at The Lowest Rate
Traditional mortgage requirements in Johnson City, 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 Johnson City, 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 Johnson City, 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 Johnson City, 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 Johnson City, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Johnson City, 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 Johnson City, 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 Johnson City, 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 Johnson City, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Johnson City, 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.
Are you looking for a flexible financing option for your home in Johnson City, Texas? A 12 Month Bank Statement Loan could be the perfect solution. This type of loan utilizes your bank statements to verify income, making it ideal for self-employed individuals or those with non-traditional income sources. With a simplified application process and quicker approval times, it provides convenience and accessibility. Johnson City, Texas, with a population of around 1,656, offers a charming small-town feel with a tight-knit community. The median age in the city is 43.6, and the median household income is $53,869. The town is known for its rich history, beautiful landscapes, and welcoming residents, making it a desirable place to call home. In terms of the housing market, Johnson City has seen steady growth in recent years. The median home value is $279,300, with a homeownership rate of 60.7%. Whether you're looking for a historic home in the city center or a sprawling ranch property on the outskirts, Johnson City offers a diverse range of housing options to suit every preference and budget.
Benefits of a 12 Month Bank Statement Loan in Johnson City, Texas
