Get Approved at The Lowest Rate
Traditional mortgage requirements in Taft, 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 Taft, 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 Taft, 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 Taft, 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 Taft, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Taft, 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 Taft, 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 Taft, 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 Taft, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Taft, 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.
Obtaining a 12-month bank statement loan in Taft, Texas offers numerous advantages. This type of loan is ideal for self-employed individuals or those with non-traditional income sources since it allows them to provide bank statements instead of traditional income documentation. Taft, Texas, is a vibrant community with a diverse population. The town has a mix of families, young professionals, and retirees. The cost of living in Taft is relatively affordable compared to larger cities, making it an attractive place to settle down. The housing market in Taft, Texas, is conducive to both buyers and sellers. With a range of housing options available, from single-family homes to apartments, individuals can find properties that suit their needs and budget. The market is stable, offering opportunities for investment and homeownership. Some main attractions in Taft include the scenic Taft Bayfront Park, known for its picturesque views and recreational activities. The town also boasts historical sites like the Taft Museum, providing insight into its rich heritage. Additionally, Taft is home to local restaurants and shops that cater to residents and visitors alike.
Benefits of a 12 Month Bank Statement Loan in Taft, Texas
