Get Approved at The Lowest Rate
Traditional mortgage requirements in Washington, 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 Washington, 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 Washington, 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 Washington, 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 Washington, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Washington, 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 Washington, 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 Washington, 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 Washington, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Washington, 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.
With a 12-month bank statement loan in Washington, Texas, borrowers can benefit from a simplified application process. Instead of traditional income documentation, such as tax returns and pay stubs, this type of loan allows self-employed individuals or those with non-traditional income sources to qualify based on their bank statements. Washington, Texas, known for its diverse population, offers a vibrant demographic mix. The city attracts young professionals, families, and retirees alike, creating a dynamic community that values inclusivity and innovation. The robust economy in Washington provides job opportunities across various industries, making it an attractive place to live and work. The housing market in Washington, Texas, is thriving, with a range of options available to suit different preferences and budgets. Whether you're looking for a modern condo in the heart of the city or a spacious family home in a quiet neighborhood, you can find it in Washington. The competitive market ensures that buyers have access to a variety of properties, while low interest rates make homeownership more affordable. Washington, Texas, boasts a wealth of attractions for residents and visitors alike. From historic landmarks to outdoor recreational areas, there's something for everyone to enjoy. Explore the local museums, dine at trendy restaurants, or spend a day hiking in the scenic parks surrounding the city. With a rich cultural scene and a strong sense of community, Washington offers a high quality of life for its residents.
Benefits of a 12-Month Bank Statement Loan in Washington, Texas
