Get Approved at The Lowest Rate
Traditional mortgage requirements in Pomona, 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 Pomona, 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 Pomona, 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 Pomona, 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 Pomona, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Pomona, 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 Pomona, 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 Pomona, 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 Pomona, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Pomona, 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.
A 12-month bank statement loan in Pomona, California offers flexibility and ease of access to financing for self-employed individuals or those with non-traditional income sources. These loans require minimal documentation compared to traditional loans, making the application process simpler and faster. Pomona, California, with a population of approximately 150,000, is a diverse and vibrant city located in Los Angeles County. The city boasts a rich cultural tapestry with a mix of various ethnicities and age groups, making it an inclusive and welcoming community for residents and visitors alike. The housing market in Pomona offers a range of options, from historic homes with character to modern developments. The city has seen a steady increase in property values over the years, making it an attractive location for real estate investment. With competitive interest rates and loan options like the 12-month bank statement loan, purchasing a home in Pomona is a viable and rewarding investment. Some of the main attractions in Pomona include the Fairplex, home to the LA County Fair, a major event that draws visitors from across the region. The city also features cultural venues, outdoor recreational spaces, and a vibrant culinary scene, providing residents with a diverse array of entertainment and leisure options.
Benefits of a 12 Month Bank Statement Loan in Pomona, California
