Get Approved at The Lowest Rate
Traditional mortgage requirements in La Verne, 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 La Verne, 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 La Verne, 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 La Verne, 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 La Verne, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in La Verne, 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 La Verne, 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 La Verne, 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 La Verne, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in La Verne, 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.
The 12-Month Bank Statement Loan in La Verne, California offers a flexible solution for self-employed individuals or those with non-traditional income. This type of loan does not require traditional income verification, making it easier for borrowers to qualify. La Verne, California, located in Los Angeles County, has a diverse population with a mix of families, young professionals, and retirees. The city boasts a good mix of urban and suburban living, making it an attractive place for individuals looking for a balance between city life and a peaceful community. The housing market in La Verne, California, has been showing steady growth over the past few years. With a variety of housing options ranging from single-family homes to apartments, there is something for everyone in this vibrant real estate market. Some of the main attractions in La Verne include the Pacific Railroad Museum, the Bonita Museum and Cultural Center, and the beautiful Marshall Canyon Golf Course. The city also has a range of parks, shopping centers, and dining options to cater to residents and visitors alike.
The Benefits of a 12-Month Bank Statement Loan in La Verne, California
