For more information visit www.ownerfinancehomes.pro. Benefits of Owner Financing – About 20% of the houses sold in the US involve some form of Owner Financing. Without a lot of the technical terminology, here are some simple facts. Buyers – If you wish to buy a home but don’t have the credit and cannot afford the down payment, then owner financing is the solution for you. Owner financing or seller financing is where seller offers to finance the property direct to you (without banks). Despite the slightly higher interest rate, there are many benefits to you, the buyer, when purchasing your home with Owner Financing. Easy Qualification – The buyer, in many cases, prefers Owner Financing to conventional financing because it does not require traditional bank income and credit approval. You may have poor credit because of a divorce or recent bankruptcy. You may be self-employed and cannot prove income. You may have a new job and cannot meet strict lender guidelines. Even if you could qualify for a loan, the rate will be astronomical if you have poor credit. Listen, banks don’t offer fixed interest loans to people with a poor credit rating. There’s dozens of reasons why you cannot (or will not) qualify for a conventional bank loan in today’s economy. Owner financing is the perfect solution for you to buy, not rent, your home. Credit Rating – An Owner Financed home sale may give you a chance to improve your credit rating by owning a home and making payments timely. No Loan …