Get Approved at The Lowest Rate
Traditional mortgage requirements in Overton, 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 Overton, 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 Overton, 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 Overton, 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 Overton, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Overton, 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 Overton, 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 Overton, 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 Overton, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Overton, 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 Overton, Texas offers self-employed individuals the opportunity to secure financing based on their bank statements rather than traditional income documentation. This type of loan provides flexibility and convenience for those with non-standard income sources. Demographics: Overton, Texas, is a charming small town with a population of approximately 2,500 residents. The community is diverse, with a mix of young families, professionals, and retirees. The town has a strong sense of community and a welcoming atmosphere. Housing Market: The housing market in Overton offers a range of options from historic homes to modern developments. With the median home price below the national average, Overton presents affordable housing opportunities for both buyers and investors. The market is stable, making it an attractive location for those looking to settle down or invest in real estate. Main Attractions: Overton boasts a variety of attractions, including the Heritage Train and Depots Museum, Kilgore Rangerettes Museum, and nearby Lake Striker for outdoor enthusiasts. The town hosts annual events like the Overton Rodeo and Fall Festival, providing entertainment for residents and visitors alike.
Benefits of a 12-Month Bank Statement Loan in Overton, Texas
