FAQs
Explore some of our most frequently asked questions about buying a home through owner financing.
Our company creates the mortgage for you just like a big bank, without having to jump through all the hurdles. You get the deed at closing and become the owner on the title, which is recorded at the county courthouse.
- First thing is to make sure you like the house by walking through it.
- We will agree to numbers that fit your budget as best as possible.
- We then order the title search and prep the attorney to get ready for closing (2 week process)
- Our team will verify your income to make sure the household income is 3 times greater than the monthly payment.
- We will coordinate you with our insurance agent to have a new owner’s policy in place.
- Then we close and set you up on our payment software.
We don’t check credit or job history; we only look at verifiable income.
Yes, multiple people can be on title and we do accept co-signers on our loans.
Some of our properties are available for rent-to-own, it just depends on the property.
We close at a local title company, and you get the deed. You own the home. We take back the note just like a bank.
You own it, all we care about is the payment being made. Feel free to make any kind of changes to the home that you like.
Down payment depends on income, but we require a reasonable down payment. We can do a 10, 20 or 30 year note on this loan. The loan can run the full term, there is no balloon, and no prepayment penalty.
Contact us with your down payment and monthly income and if you qualify, then we can set up a time to view.
We have this crazy idea that credit score doesn’t pay the bills, but cash and income does. As long as you have a reasonable down payment and income that shows you can afford the home, we do not check credit score.