Get Approved at The Lowest Rate
Traditional mortgage requirements in Marshall, 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 Marshall, 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 Marshall, 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 Marshall, 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 Marshall, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Marshall, 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 Marshall, 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 Marshall, 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 Marshall, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Marshall, 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 Marshall, Texas offers a flexible financing solution for self-employed individuals who may not have traditional income documentation. This loan type allows applicants to qualify based on their bank statements over the previous year, providing easier access to mortgage financing. Demographics in Marshall, Texas show a diverse community with a population that values historical preservation. With a mix of young professionals, families, and retirees, Marshall offers a welcoming environment for individuals of all ages and backgrounds looking to settle in a charming Southern town. The housing market in Marshall, Texas presents a range of options from historic homes with classic architecture to modern developments. The city's real estate market is known for its affordability compared to larger metropolitan areas, making it an attractive location for first-time homebuyers and those looking to invest in property. Marshall, Texas boasts several main attractions, including the Harrison County Historical Museum, the Michelson Museum of Art, and the Starr Family Home State Historic Site. These landmarks provide residents and visitors with opportunities to explore the area's rich history and cultural offerings.
Benefits of a 12-Month Bank Statement Loan in Marshall, Texas
