Get Approved at The Lowest Rate
Traditional mortgage requirements in Paris, 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 Paris, 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 Paris, 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 Paris, 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 Paris, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Paris, 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 Paris, 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 Paris, 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 Paris, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Paris, 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 Paris, Texas offers flexibility and convenience for self-employed individuals or those with irregular income. It allows applicants to use their bank statements as proof of income, making it easier to qualify for a mortgage. Demographics: Paris, Texas, is a charming city with a population of approximately 25,000 people. The community is known for its strong sense of tradition, friendly residents, and diverse cultural heritage. Housing Market: The housing market in Paris, Texas, is currently experiencing steady growth, making it an attractive destination for homebuyers. With a range of housing options available, from historic homes to modern developments, there is something for everyone. Main Attractions: Paris, Texas, boasts a variety of attractions, including the Eiffel Tower replica, local wineries, beautiful parks, and a vibrant downtown area with shops and restaurants. Residents and visitors alike can enjoy a mix of outdoor activities and cultural experiences in this dynamic city.
Benefits of a 12 month Bank Statement Loan in Paris, Texas
