Get Approved at The Lowest Rate
Traditional mortgage requirements in Mertens, 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 Mertens, 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 Mertens, 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 Mertens, 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 Mertens, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Mertens, 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 Mertens, 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 Mertens, 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 Mertens, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Mertens, 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.
The 12-month bank statement loan in Mertens, Texas offers flexibility to self-employed individuals or those with non-traditional income sources. This loan program allows applicants to qualify based on bank statements rather than traditional income verification methods. Demographics in Mertens, Texas, showcase a small, tight-knit community with a population of approximately X residents. The town is known for its friendly atmosphere and strong community bonds, making it an ideal place to raise a family or retire peacefully. In terms of the housing market, Mertens offers a range of housing options from cozy single-family homes to spacious ranch-style properties. The market is stable with moderate pricing, making it an attractive location for first-time homebuyers or those looking to invest in real estate. Some main attractions in Mertens include the scenic Mertens Park, perfect for outdoor activities and family picnics. Additionally, residents can enjoy exploring the historic downtown area with its charming shops and local eateries, adding to the town's unique charm.
Benefits of a 12-Month Bank Statement Loan in Mertens, Texas
