Get Approved at The Lowest Rate
Traditional mortgage requirements in Van, 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 Van, 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 Van, 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 Van, 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 Van, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Van, 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 Van, 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 Van, 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 Van, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Van, 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 Van, Texas offers a unique opportunity for self-employed individuals or those with non-traditional income sources to secure financing for a home purchase. These loans require minimal documentation, providing flexibility and convenience to borrowers. Demographically, Van, Texas is a charming rural town with a population that values community and a slower pace of life. The town boasts a mix of young families, retirees, and professionals looking for a peaceful environment to call home. The housing market in Van, Texas is competitive yet affordable compared to larger urban areas. With a range of housing options from cozy bungalows to spacious ranch-style homes, buyers can find a property that suits their needs and budget. Van, Texas offers a variety of attractions for residents and visitors alike. From picturesque parks and outdoor recreational areas to local eateries and boutique shops, there is always something to explore and enjoy in this quaint town.
Benefits of a 12-Month Bank Statement Loan in Van, Texas
