Get Approved at The Lowest Rate
Traditional mortgage requirements in Kilgore, 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 Kilgore, 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 Kilgore, 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 Kilgore, 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 Kilgore, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Kilgore, 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 Kilgore, 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 Kilgore, 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 Kilgore, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Kilgore, 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 Kilgore, Texas offers numerous benefits for individuals seeking financing. One significant advantage is the flexibility in income documentation, allowing self-employed individuals or those with non-traditional income sources to qualify easily. Demographically, Kilgore, Texas, is a vibrant city with a population composed of diverse age groups. The city boasts a strong sense of community, making it an ideal place for families and individuals looking for a close-knit neighborhood feel. In terms of the housing market, Kilgore offers a diverse range of properties, from historic homes with character to modern developments. The real estate market in Kilgore is stable and offers a mix of affordable options for first-time buyers and luxury homes for those seeking upscale living. Some main attractions in Kilgore include the East Texas Oil Museum, showcasing the region's rich oil history, and the World's Richest Acre Park, which commemorates the city's oil boom era. Additionally, residents can enjoy outdoor activities at the beautiful Kilgore City Park and explore local shopping and dining options in the charming downtown area.
Benefits of a 12-Month Bank Statement Loan in Kilgore, Texas
