Get Approved at The Lowest Rate
Traditional mortgage requirements in Rowland Heights, 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 Rowland Heights, 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 Rowland Heights, 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 Rowland Heights, 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 Rowland Heights, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Rowland Heights, 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 Rowland Heights, 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 Rowland Heights, 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 Rowland Heights, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Rowland Heights, 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.
Rowland Heights, California, offers a unique opportunity for individuals seeking a 12-month bank statement loan. These loans are beneficial for self-employed individuals or small business owners who may not have traditional income documentation. The key advantage is the flexibility in providing proof of income through bank statements, allowing for a more accessible loan approval process. Demographically, Rowland Heights is a diverse community with a significant Asian population, particularly of Chinese and Korean descent. This cultural diversity contributes to a vibrant community with a wide range of restaurants, shops, and cultural events that cater to a variety of tastes and preferences. In terms of the housing market, Rowland Heights offers a mix of single-family homes, townhouses, and apartments. The market is known for its stability and steady appreciation rates, making it an attractive option for both homebuyers and real estate investors. With a range of housing options available, individuals can find properties that suit their needs and budget. Some of the main attractions in Rowland Heights include the Schabarum Regional Park, a popular spot for outdoor activities such as hiking and picnicking. Additionally, the Puente Hills Mall provides a variety of shopping and dining options for residents and visitors alike. The community also hosts annual cultural events celebrating its diverse heritage.
Benefits of a 12-Month Bank Statement Loan in Rowland Heights, California
