Get Approved at The Lowest Rate
Traditional mortgage requirements in Pettus, 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 Pettus, 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 Pettus, 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 Pettus, 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 Pettus, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Pettus, 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 Pettus, 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 Pettus, 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 Pettus, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Pettus, 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 Pettus, Texas offers flexibility for self-employed individuals or those with non-traditional income sources. Borrowers can utilize their bank statements over the past year to demonstrate income, making it easier to qualify for a mortgage. Demographically, Pettus, Texas is a small town with a close-knit community. The population consists of predominantly families and individuals looking for a peaceful and serene living environment. The town boasts a blend of different age groups, creating a diverse yet harmonious community. In terms of the housing market, Pettus, Texas offers affordable housing options compared to larger cities. The market has a range of residential properties, from cozy single-family homes to spacious ranch-style houses, catering to various needs and preferences of potential buyers. Main Attractions in Pettus, Texas: 1. Enjoy a relaxing day at the Pettus City Park, perfect for picnics and outdoor activities. 2. Explore the rich history of the town at the Pettus Heritage Center and Museum. 3. Attend community events and festivals that showcase the local culture and traditions.
Benefits of 12 Month Bank Statement Loan in Pettus, Texas
