Get Approved at The Lowest Rate
Traditional mortgage requirements in Sacramento, 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 Sacramento, 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 Sacramento, 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 Sacramento, 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 Sacramento, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Sacramento, 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 Sacramento, 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 Sacramento, 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 Sacramento, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Sacramento, 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 Sacramento, California can provide flexibility and convenience for self-employed individuals or those with non-traditional income sources. This type of loan allows applicants to qualify based on their bank statements as proof of income, rather than traditional methods. Sacramento, California, is a diverse and vibrant city with a population of over 500,000. The city boasts a rich history, beautiful parks, and a thriving arts and culture scene. Demographically, Sacramento has a mix of young professionals, families, and retirees, creating a dynamic and inclusive community. The housing market in Sacramento is currently experiencing steady growth, with a mix of affordable housing options and luxury properties. With low-interest rates and a strong demand for housing, investing in real estate in Sacramento can be a smart financial decision. Sacramento is home to many main attractions, including the iconic California State Capitol building, the historic Old Sacramento Waterfront, and the beautiful Crocker Art Museum. The city also offers a variety of outdoor activities, such as hiking in the nearby Sierra Nevada Mountains and kayaking on the Sacramento River.
Benefits of a 12 Month Bank Statement Loan in Sacramento, California
