Get Approved at The Lowest Rate
Traditional mortgage requirements in Stanton, 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 Stanton, 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 Stanton, 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 Stanton, 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 Stanton, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Stanton, 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 Stanton, 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 Stanton, 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 Stanton, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Stanton, 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 Stanton, California offers numerous benefits for borrowers. One of the main advantages is that it allows self-employed individuals or those with non-traditional income sources to qualify for a mortgage. This type of loan relies on bank statements rather than tax returns, making it easier for freelancers, entrepreneurs, and gig workers to secure financing for a home. Stanton, California, is a diverse city located in Orange County with a population of approximately 38,000 residents. The city boasts a young demographic, with a median age of 31 years old, making it an attractive location for young professionals and families. With a strong sense of community and a variety of cultural events, Stanton offers a welcoming environment for residents of all backgrounds. The housing market in Stanton is competitive, with a mix of single-family homes, townhouses, and apartments available for purchase. The median home price in Stanton is around $500,000, making it more affordable than neighboring cities in Orange County. With low interest rates and a growing demand for housing, Stanton presents a promising investment opportunity for homebuyers. Stanton offers a range of attractions for residents and visitors alike. The city is home to Adventure City, a family-friendly amusement park, as well as numerous parks, restaurants, and shopping centers. Additionally, Stanton is conveniently located near popular destinations such as Disneyland and Huntington Beach, providing ample entertainment options for locals.
Benefits of a 12 Month Bank Statement Loan in Stanton, California
