Get Approved at The Lowest Rate
Traditional mortgage requirements in Kerman, 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 Kerman, 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 Kerman, 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 Kerman, 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 Kerman, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Kerman, 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 Kerman, 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 Kerman, 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 Kerman, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Kerman, 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 in Kerman, California offers flexibility for self-employed individuals and those with non-traditional income sources. This type of loan allows applicants to qualify based on their bank statements rather than traditional employment documentation, making it easier for entrepreneurs and freelancers to secure financing. Kerman, California, a vibrant city located in Fresno County, boasts a diverse population with a mix of cultures, making it a welcoming and inclusive community. The city's demographics show a healthy blend of different ethnicities, creating a rich tapestry of traditions and backgrounds. The housing market in Kerman presents opportunities for buyers with a range of options, from single-family homes to condos and townhouses. With competitive prices compared to neighboring areas, Kerman offers affordable housing options for first-time buyers and those looking to invest in the real estate market. Kerman, California, is home to various attractions that appeal to residents and visitors alike. From the vibrant local farmer's market to the historic Kearney Mansion Museum, there are plenty of opportunities for entertainment and enrichment in the city. Additionally, outdoor enthusiasts can explore the nearby national parks and hiking trails.
Benefits of a 12 Month Bank Statement Loan in Kerman, California
