What are your Financing Options?

LOOKING FOR A HOME WITH A LEASE OPTION OR EASY FINANCING?

We can help YOU finance the home of your CHOICE from $50,000 - $650,000 even if you have BAD CREDIT, BANKRUPTCY, are SELF-EMPLOYED or have 500 CREDIT SCORES!

Don't see a home you like here?

As an investor, I can buy your Dream Home and then Owner Finance it back to you or finance it with a Special Easy Financing Program.

Just give us the home price range and monthly payment range you want to stay within, and you can be looking at HOMES ON THE MARKET in just days...

Steady Job/Work Needed!

No Down payment or closing costs? I can help with that too.  Call 1-866-793-2264 to get started.  You can email us your name, phone number, and best times to call back or use our easy online form.

Financing Programs

Our special Lease/Purchase and Owner Financing programs mostly cater to people who can't immediately qualify for a traditional mortgage loan. Please review several sections below to understand how our financing programs can help you to get into a home of your own. 

What are the reasons you may not be able to qualify for financing through a mortgage company?

There are many. Banks are pretty rigid in their guidelines. One of any of the reasons below could be enough.

* Bad credit,
* No credit,
* Too much debt,
* Not enough income,
* Self-employed,
* Late payments on credit accounts,
* Not long enough on the job,
* Just transferred to a new area,
* etc.

If you have good credit and can get your own financing please give us a call to discuss your needs.

Depending on the amount of cash you have for a down payment, we offer a few different alternatives you can review below. We do require a reasonable commitment on your part. This commitment comes in the form of a "option" consideration. This payment is also credited toward the purchase price of your future house. (not to be confused with your lender's downpayment)
10%-30% down 5%-10% down Less than 5% down

Got 10%-30% Cash To Put Down ?

With a large down payment we can approve you for our No Bank Qualifying Owner Financing program, which allows you to take full advantage of homeownership benefits, such as mortgage interest and property tax deductions (on your tax returns), monthly mortgage loan balance paydown.

Basics Of Owner Financing

What does the term No Bank Qualifying financing mean?

It means that in order to buy a home today, you don’t have to go through a rigid loan qualification process required by banks and mortgage companies.

Who is No Bank Qualifying Financing Program For?

This program is for Buyers who want to own a home now, but can not qualify for conventional financing through a mortgage company or a bank.

How Quickly can I get approved for and move into the house ?

Typically within 1-2 business days.

How much overall paperwork is involved in the purchase?

Not much at all. The whole procedure takes about 15-30 minutes. Compare this with a traditional FHA or VA closing where you are signing a 2 inch high pile of documents for 1.5 hours. We will ask for authorization to check your credit history, and speak to your prior landlords. If we feel we can help you straighten your profile within 1 year, you will qualify for one of our programs.

How Does Owner Financing Work?

On all homes we have for sale we offer Owner Financing, which usually requires no or very little qualifying. In this case we are the bank, and you are making payments directly to us.

There are different financing agreements we can use, depending on the situation: Contract For Deed, Note and deed of Trust, Land Contract, etc. They all spell out the length of the loan, the interest rate, the amortization term, the monthly payments, etc.

What is the difference between No Bank Qualifying Financing and Lease/Purchase plan?

With Lease/Purchase you are still a Tenant who has the Option, or right to Buy a house within a specific period of time, typically during your Lease term. You have the benefits of possession and a guaranteed pre-agreed upon price of the home you will eventually own. But you don’t have financial benefits, such as mortgage loan interest deduction , property tax deduction, mortgage balance paydown, etc.

With Non-Qualifying financing you actually own a house and are entitled to all financial benefits of ownership, which may easily amount to $3,000-$6,000 per year in cash back from IRS.

Is Non-Qualifying Owner Financing the same as Non-Qualifying Assumable?

No, it's not the same. We only specialize in Non-Qualifying Owner Financing.

How Long Is The Owner Financing For?

While traditional mortgage lenders are in the business of providing permanent long term home loans to buyers, we are in the business of buying and selling homes. Therefore, we only provide a short-term financing to facilitate the sale.

Typically we finance for 1-2 years. At the end of that term you will have to obtain a replacement loan from a traditional lender and pay us the remainder of the financed amount.

What Closing Costs, Fees and Points Shall I Expect To Pay?

You will need to pay for the 1-st year insurance premium to have the home insured against damages. Depending on the type of the financing agreement we use - in most cases the closing fee will be within $1,000 or 1% of the sale price which is higher. These are fees charged by the attorneys to prepare the legal forms and closing agency/title company to prepare the settlement statement. Depending on the sate law there may be a cost associated with getting tax certificates for the property and survey.