Get Approved at The Lowest Rate
Traditional mortgage requirements in San Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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 Dimas, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in San Dimas, 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 Dimas, 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 Dimas, 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 Dimas, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in San Dimas, 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.
1. Flexible Approval: A 12-month Bank Statement Loan offers flexible approval criteria, making it ideal for self-employed or individuals with non-traditional income sources. 2. Minimal Documentation: With reduced paperwork requirements, this loan process is typically quicker and less cumbersome than traditional mortgage applications. 3. Tailored Solutions: Borrowers can enjoy personalized loan solutions that cater to their unique financial situations, providing more customized options. Demographics San Dimas, California, has a diverse population with a mix of families, young professionals, and retirees. The city offers a suburban feel with access to urban amenities, making it an attractive place to live. Housing Market The housing market in San Dimas is competitive, with a range of housing options from single-family homes to townhouses. Prices have seen steady growth, making it a sound investment for potential homebuyers. Main Attractions San Dimas is known for its charming downtown area, offering a variety of shops, restaurants, and entertainment venues. The city is also home to beautiful parks, hiking trails, and easy access to outdoor recreational activities.
Benefits of 12 Month Bank Statement Loan in San Dimas, California
