Get Approved at The Lowest Rate
Traditional mortgage requirements in Wimberley, 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 Wimberley, 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 Wimberley, 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 Wimberley, 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 Wimberley, TX without excessive upfront costs.
Unlike some conventional loans, our Bank Statement Home Loan in Wimberley, 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 Wimberley, 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 Wimberley, 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 Wimberley, TX to ensure you achieve your homeownership dreams.
Ready to explore the benefits of a Bank Statement Home Loan in Wimberley, 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 Wimberley, Texas offers flexibility for self-employed individuals by considering their bank statements instead of tax returns when qualifying. This is beneficial for those with non-traditional income sources or variable income. Demographically, Wimberley, Texas is a charming small town with a population of around 3,000 people. The community is known for its artistic vibe, with a mix of retirees, young families, and artists contributing to the town's unique culture. In terms of the housing market, Wimberley offers a range of options from historic homes to modern builds. The real estate market is competitive yet diverse, providing opportunities for both buyers and sellers. The scenic beauty of the area adds to the appeal of owning property in Wimberley. Wimberley, Texas is home to several main attractions, including the iconic Blue Hole Regional Park for outdoor enthusiasts, the Wimberley Valley Winery for wine lovers, and the Wimberley Market Days for those seeking local crafts and produce. The town's lively arts scene and proximity to nature make it a desirable place to live and visit.
Benefits of a 12 Month Bank Statement Loan in Wimberley, Texas
