Get Approved at The Lowest Rate
Traditional mortgage requirements in La Grange, 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 La Grange, 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 La Grange, 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 La Grange, 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 La Grange, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in La Grange, 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 La Grange, 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 La Grange, 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 La Grange, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in La Grange, 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.
Flexible Approval Process: A 12-month bank statement loan in La Grange, Texas provides self-employed individuals or those with non-traditional income sources with a more flexible approval process compared to traditional loans. Competitive Rates: These loans often come with competitive interest rates, allowing borrowers to save on interest payments over the life of the loan, making it a cost-effective financing option. Quick Process: With fewer documentation requirements, the approval process for a 12-month bank statement loan is typically faster, enabling borrowers to secure financing more quickly. Demographics La Grange, Texas, has a population of approximately 4,645 people, with a median age of 41 years old. The town boasts a diverse community, with a mix of families, young professionals, and retirees. Housing Market The housing market in La Grange offers a variety of options, from historic homes to modern developments. The median home value in the area is $195,000, with a steady appreciation rate, making it an attractive location for homebuyers. Main Attractions La Grange is known for its rich history, with attractions such as the Texas Czech Heritage and Cultural Center, the Monument Hill State Historic Site, and the historic Fayette County Courthouse. The town also offers a range of outdoor activities, including parks, rivers, and trails.
Benefits of a 12 Month Bank Statement Loan in La Grange, Texas
