Get Approved at The Lowest Rate
Traditional mortgage requirements in Lewiston, 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 Lewiston, 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 Lewiston, 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 Lewiston, 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 Lewiston, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Lewiston, 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 Lewiston, 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 Lewiston, 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 Lewiston, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Lewiston, 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 Lewiston, California offers several advantages to borrowers. This type of loan is ideal for self-employed individuals or those with non-traditional income sources who may not qualify for a conventional mortgage. The loan approval is based on bank statements rather than tax returns, making it easier for small business owners to secure financing. Lewiston, California, is a small community located in Trinity County with a population of around 1,300 residents. The town has a rural feel and offers a peaceful environment for those looking to escape the hustle and bustle of city life. The demographics of Lewiston mainly consist of middle-aged and older individuals, many of whom are retirees or work in the agriculture and forestry industries. The housing market in Lewiston, California, is characterized by its affordability and charming properties. With the median home price below the state average, potential buyers can find attractive options within their budget. The market is stable, offering both traditional single-family homes and picturesque rural properties with scenic views of the surrounding natural landscapes. While in Lewiston, residents and visitors can enjoy various outdoor recreational activities such as fishing, hiking, and boating. The town is situated near the Trinity River, providing opportunities for water sports and nature exploration. Additionally, the area is known for its historic sites, including the Lewiston Hotel, which dates back to the Gold Rush era.
Benefits of a 12 Month Bank Statement Loan in Lewiston, California
