Owner Financing FAQ

Frequently Asked Questions

General questions about our company, service, and properties we offer on this website:
  • What does Owner Financing mean?
  • What is the Owner Financing process?
  • What if I have bad credit? Can I still get a home with owner financing?
  • Is there a required down payment?
  • What are the benefits of owner financing?
  • What are the requirements of a owner financing arrangement?

What does Owner Financing mean?

When a property buyer finances the purchase directly through the person or entity selling it. This often occurs when the prospective buyer cannot obtain funding through a conventional mortgage lender due to credit, loan amount, property condition, etc.

We help a lot of people like you to purchase the home of their dreams with our owner financing program.

Fill out the form below to get started on your way to home ownership!

What is the Owner Financing process?

The owner financing process is quite simple.

Once you’ve seen one of our  properties, you’ll fill out an application online. You will need a certain amount of a down payment in household monthly income and we need to verify that you have the ability to make the monthly payments. We do this for your protection so we know you will be able to financially afford the home you want.

That’s it!

First, sign up to find great properties just by filling out the form HERE

You’ll get immediate access to all of our inventory and notified as we acquire more.

What if I have bad credit? Can I still get a home with Owner Financing?

Absolutely! Many people with bad credit can still buy a home without a bank.

Every situation is different, but we work hard to help people who have been through a tough situation (or those that have just made mistakes in the past) to get on the path to home ownership.

What are the benefits of Owner Financing?

There are many benefits of owner financing!

Many of our buyers use owner financing as a way to get the home of their dreams without having to qualify for a specific bank loan. Plus you are able to save thousands on closing cost or points that are standard with dealing with a traditional mortgage or lender.

Banks have become increasingly tight on their lending criteria and it’s made it very difficult to become a home owner.

Is there a required down payment?

Yes, we do require that you have “skin in the game”, but we can be very flexible.  A typical down payment is betweeen $2,500 – $10,000.

What are the requirements of a Owner Financing arrangement?

We know that every person, family and situation is different and we will always do our best to help you uncover creative solutions to help you own a home of your own.  Once you’ve had a chance to check out the house, you’ll fill out an online application that will include detailed information on everyone that is purchasing the property.  We also need to make sure you have access to enough money, income and help to make any necessary repairs to the property as well as cover the taxes and insurance set up costs.

We’ll conduct a credit check, background check and verify the income(s) for everyone that is involved in purchasing the property to confirm that you’ll be able to make your monthly payment.

We’ll also speak with your references, employer(s) and previous landlord(s), because relationships matter to us more than just a score assigned by a credit reporting company.

We love helping great folks to reach their dreams, so don’t be afraid – fill out the form below to get started!

Apply For Owner Financing Here