Get Approved at The Lowest Rate
Traditional mortgage requirements in Santa Rosa, 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 Santa Rosa, 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 Santa Rosa, 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 Santa Rosa, 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 Santa Rosa, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Santa Rosa, 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 Santa Rosa, 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 Santa Rosa, 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 Santa Rosa, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Santa Rosa, 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 Santa Rosa, California offers flexibility to self-employed individuals or those with non-traditional income sources. With this type of loan, borrowers can use their bank statements to show income, rather than traditional sources like pay stubs or tax returns. This can be advantageous for those with fluctuating income or irregular payment schedules. Santa Rosa, California, located in Sonoma County, has a diverse demographic profile. The city is home to a mix of young professionals, families, and retirees. It boasts a thriving arts and culture scene, with numerous galleries, theaters, and music venues. The city's population is known for its focus on sustainability and outdoor activities, attracting those who value a balanced lifestyle. The housing market in Santa Rosa is dynamic, offering a range of options from historic homes to modern condos. The city has experienced steady growth in property values, making it an attractive location for real estate investment. The demand for housing is strong, driven by the city's proximity to wine country, job opportunities, and quality of life.
Benefits of a 12 Month Bank Statement Loan in Santa Rosa, California
