Get Approved at The Lowest Rate
Traditional mortgage requirements in Larue, 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 Larue, 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 Larue, 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 Larue, 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 Larue, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Larue, 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 Larue, 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 Larue, 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 Larue, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Larue, 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.
Obtaining a 12-month bank statement loan in Larue, Texas comes with numerous advantages. One major benefit is the streamlined application process, making it easier for self-employed individuals to secure financing without the need for traditional income documentation. Larue, Texas, with a population of approximately XXXX people, is a charming rural community known for its close-knit atmosphere and friendly residents. The town boasts a diverse demographic makeup, with a median household income of $XX,XXX and a median property value of $XXX,XXX. The housing market in Larue offers a mix of historical homes and modern constructions, providing options for various preferences and budgets. The median home price in Larue is $XXX,XXX, showcasing affordability and potential for investment opportunities. While in Larue, visitors can explore attractions such as the picturesque Lake Palestine for outdoor activities like fishing and boating. The town also hosts annual events like the Larue Piney Woods Fair, offering a glimpse into the local culture and traditions.
Benefits of a 12 Month Bank Statement Loan in Larue, Texas
