Get Approved at The Lowest Rate
Traditional mortgage requirements in Oakhurst, 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 Oakhurst, 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 Oakhurst, 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 Oakhurst, 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 Oakhurst, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Oakhurst, 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 Oakhurst, 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 Oakhurst, 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 Oakhurst, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Oakhurst, 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.
Oakhurst, California offers unique benefits for individuals applying for a 12-month bank statement loan. These loans are ideal for self-employed individuals or those with unconventional income sources. The main advantage is that they allow applicants to use their bank statements to verify income, making the loan approval process more flexible and accessible. The demographics of Oakhurst present a diverse community with a mix of retirees, young families, and outdoor enthusiasts. The town's population of around 3,000 enjoys a mild climate, beautiful scenery with proximity to Yosemite National Park, and a strong sense of community. In terms of the housing market, Oakhurst boasts a range of property options from cozy mountain cabins to modern family homes. The market is stable with moderate home prices, making it an attractive location for both first-time buyers and investors looking for a peaceful retreat amidst nature. Main attractions in Oakhurst include the historic Golden Chain Theatre, Bass Lake for water activities, and the Sierra National Forest for hiking and camping adventures. The town also hosts events like the annual Fall Festival, drawing visitors from neighboring areas.
Benefits of a 12 Month Bank Statement Loan in Oakhurst, California
