Get Approved at The Lowest Rate
Traditional mortgage requirements in San Bruno, 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 San Bruno, 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 San Bruno, 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 San Bruno, 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 San Bruno, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in San Bruno, 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 San Bruno, 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 San Bruno, 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 San Bruno, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in San Bruno, 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 San Bruno, California offers self-employed individuals a flexible option for obtaining financing without traditional income verification. This type of loan is ideal for those who have fluctuating income or may not qualify for a conventional mortgage due to business-related deductions. San Bruno, California, a vibrant city located in the San Francisco Bay Area, has a diverse population with a mix of young professionals, families, and retirees. The city's convenient location near major tech companies and excellent schools makes it an attractive place to live for individuals of all ages and backgrounds. The housing market in San Bruno is competitive, with a variety of single-family homes, townhouses, and apartments available. The median home price in San Bruno is above the national average, making it a prime location for real estate investment. With a 12 Month Bank Statement Loan, potential homebuyers have the opportunity to secure financing quickly and efficiently in this fast-paced market. San Bruno boasts a range of attractions, including the beautiful San Bruno Mountain State Park, shopping centers like The Shops at Tanforan, and a variety of dining options. Residents and visitors can enjoy outdoor activities, cultural events, and a bustling community that offers something for everyone.
Benefits of a 12 Month Bank Statement Loan in San Bruno, California
