Get Approved at The Lowest Rate
Traditional mortgage requirements in Whittier, 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 Whittier, 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 Whittier, 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 Whittier, 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 Whittier, CA without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Whittier, 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 Whittier, 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 Whittier, 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 Whittier, CA to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Whittier, 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.
One of the primary benefits of a 12-month bank statement loan in Whittier, California is the flexibility it offers to individuals who are self-employed or have non-traditional income sources. These loans do not require traditional income verification and can be a great option for those who may not qualify for conventional mortgages. Demographically, Whittier, California is a diverse city with a population that includes a mix of Hispanic, Caucasian, and Asian residents. The city has a strong sense of community and is known for its family-friendly environment, making it an attractive place to live for families and individuals alike. When it comes to the housing market in Whittier, California, it is characterized by a mix of historic homes, modern developments, and a variety of amenities. The market is competitive, with prices steadily increasing over the past few years, making it a favorable location for real estate investment. Some of the main attractions in Whittier include the Whittier Hills, Parnell Park, and the historic Uptown Whittier area. The city offers a range of recreational activities, cultural events, and dining options, making it a vibrant and welcoming community for residents and visitors.
Benefits of a 12 Month Bank Statement Loan in Whittier, California
