Get Approved at The Lowest Rate
Traditional mortgage requirements in Waller, 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 Waller, 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 Waller, 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 Waller, 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 Waller, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Waller, 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 Waller, 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 Waller, 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 Waller, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Waller, 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.
One of the primary benefits of a 12 month bank statement loan in Waller, Texas is the flexibility it offers to self-employed individuals or those with non-traditional income sources. This type of loan allows for a streamlined application process that assesses income based on bank statements over the past year, rather than traditional tax returns. Demographically, Waller, Texas, is a thriving community with a population that enjoys a mix of rural charm and urban amenities. The town has a diverse population, with a median age of 35 years old, and is known for its strong sense of community and family-friendly environment. In terms of the housing market, Waller offers a range of affordable housing options, from single-family homes to townhouses and apartments. With a median home price below the national average, Waller presents an excellent opportunity for first-time homebuyers or those looking to invest in a growing market. Main attractions in Waller include the Waller County Fairgrounds, known for hosting a variety of events throughout the year, including rodeos, festivals, and more. The town also boasts the Waller ISD Stadium, a state-of-the-art facility that hosts high school sporting events and community activities.
Benefits of a 12 Month Bank Statement Loan in Waller, Texas
