How it Works

What is owner financing?

Owner financing means the seller finances the buyer’s purchase directly.

Who qualifies to buy?

How do payments work?

Is there a down payment?

Are there risks involved?

Buyers with various credit backgrounds can qualify, depending on seller terms.

Payments are made directly to the seller as agreed, often monthly, with terms clearly outlined in the contract.

Most sellers require a down payment, which varies but is typically negotiated upfront.

Risks exist, so clear contracts and legal advice are important for both parties.