Get Approved at The Lowest Rate
Traditional mortgage requirements in Seguin, TX 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 Seguin, TX 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 Seguin, TX 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 Seguin, TX, 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 Seguin, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Seguin, TX 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 Seguin, TX 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 Seguin, TX, 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 Seguin, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Seguin, TX? 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 Seguin, Texas has numerous benefits that make it an attractive option for individuals looking to purchase a home. One key advantage is the flexibility it provides for self-employed individuals or those with non-traditional income sources. Seguin, Texas, boasts a diverse population with a mix of young families, professionals, and retirees. The city's demographics show a growing community with a median age of 37 years old. The cost of living is lower than the national average, making it an affordable place to live. The housing market in Seguin, Texas, is thriving, with a variety of options for homebuyers. The median home price is competitive, making homeownership achievable for many. Additionally, the city's strategic location near major highways provides easy access to neighboring cities and amenities. Seguin, Texas, is home to various attractions that cater to residents of all ages. From the picturesque Seguin Conservation Society to the historic Sebastopol House State Historic Site, there are plenty of cultural and outdoor activities to enjoy. The city's charming downtown area also offers shopping, dining, and entertainment options.
Benefits of a 12 Month Bank Statement Loan in Seguin, Texas
