Frequently Asked Questions – Sherman or Denison Owner Finance Homes

General questions about our company, service, and properties we offer on this website: 

  • What does Owner Financing actually mean?
  • What is the Owner Financing process?
  • Do appliances or furniture come with a Owner Financing home?
  • What if I have bad credit? Can I still get a Owner Financing home?
  • Is there a down payment on a Owner Financing home?
  • What are the benefits of Owner Financing a home?
  • What are the requirements of a owner financing arrangement?


What does Owner Financing actually mean? 

In most cases, an owner financing agreement is a contract on a property that allows you to buy a property and take title to it by producing a down payment and then creating a mortgage that is held by the owner and not the bank.  The owner of the property (in our case our company) will create the financing for you.

We do not use banks and there IS NO BANK QUALIFYING INVOLVED.


You will get to enjoy the pride of home ownership and make the same monthly payment you would be making if you were to rent the home.

If you have anywhere from $7,500-$15,000 to put down we will create the financing for you and allow you to get out of the renting game.

Most of the time people use a traditional mortgage loan to purchase the property prior to the expiration of the option period, but there are other options if your financial situation has unique needs.

We help lots of folks like you to purchase the home of their dreams.

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


What is the Owner Finance process?

The owner finance process is actually pretty simple.

Once you’ve seen one of our fantastic properties, we’ll give you an application to fill out. Don’t worry – we help people with all kinds of credit and financial situations, and if you can afford the property, we can probably help you to own it.

After you’re selected to own the property if you can come up with the DOWN PAYMENT – then you can move on in!

Your owner finance agreement will spell out the length of time that you have to complete the purchase of the property, the interest rate of the loan, and the size of the down payment.

The purchase of your home usually takes place through a traditional mortgage loan, but there are other ways to complete the purchase, depending on your finances.

That’s the process!

Once you’ve completed your mortgage, you’re done – now you own your home!

First step – sign up to find great properties around [Sherman or Denison] just by filling out the form.

You’ll get immediate access to great rent-to-own homes, plus a whole lot more.

Sign up and get started now!


Do appliances or furniture come when owner financing a home?

Most of the time, furniture isn’t included with a owner finance purchase.

Generally, the basic appliances are there – like a refrigerator, stove, oven, and sometimes extras, like a dishwasher, a washer and a dryer. Parts of a property that are installed or attached – like the heating system and air conditioning – are definitely included.

Sometimes, we’ll offer a property that includes some furnishings. Most buyers want to bring their own stuff with them from their previous home, and that’s why furniture is sold separately.

There are many companies out there that provide a owner financing service for furniture or extra appliances, and you’ll get lots of choices on styles and types.

Of course, you want your money to be going to an asset (like your home) that will rise in value, not expensive interest payments on new furniture.

So don’t wait! Fill out the form at the bottom of this page to get started now.


What if I have bad credit? Can I still get an owner financed home?

Yes you can! Many people with bad credit can still get a owner financed home.

Every situation is different, but we specialize in helping people who have been through tough circumstances (or just made mistakes in the past) to repair their credit and get started on the path to a great financial future.

Even if your credit is bad, you can still own a property!

One of the major benefits of an owner financing scenario is that it gives you time to repair your credit before you purchase your home. You’ll enjoy many of the benefits of home ownership while you’re rebuilding your credit and saving money towards a down payment. 

So fill out the form at the bottom of this page now and get your piece of the American dream!

What are the benefits of owner financing a home?


There are a lot of benefits of a owner finacning agreement!

In the [Sherman or Denison] area, lots of smart people are using owner financing agreements as a way to get the home of their dreams without having to qualify for a bank loan right away.

In the past few years, banks have been very tight on their lending criteria. Most people who use a owner financing agreement want a few years to get ready to qualify.

Here are a few more reasons to buy a house through owner financing:

  • Pride of home ownership! – You get to get out of renting and shared wall apartments and enjoy your freedom as a home owner spending time with your family.
  • Own without great credit or a big down payment. You can start feeling like a homeowner right away while saving up and improving your credit.
  • Profit from home appreciation right away. Often, homes in [Sherman or Denison] are worth more on the day of the purchase than the price that you’re paying! This can be huge money.
  • Move in fast.  You can often move in right away – and get started living a new life in the home of your dreams!

So don’t wait! Get started now by filling out the form at the bottom of this page.


Is there a down payment on a Owner Financed home?

Yes there is!

Making a Down Payment is one of the most important steps in purchasing an owner financed house.  The larger the down payment the more likely you are to win the purchase of the home if you are in a multiple offer scenario. Typically to buy an owner finance house from us it requires anywhere from $7,500 to $15,000.

After making the down payment a loan will be created resulting where you will be able to make monthly payments similar to the amount of renting a house similar. This is the benfit to you as the new owner.

The down payment up front is where we protect ourselves against damage to the property or missing payments.

Owner financing a home is a much better option for both the buyer and the seller then renting or doing a rent-to-own purchase or what is also known a lease option.

We can help you to structure the perfect scenario to meet your needs. We’ll show you the owner financing calculators and formulas that we use when we prepare your agreement, and help you figure out what’s best for you.

So don’t wait! Get started now by filling out the form at the bottom of this page.



What are the requirements of a owner financing arrangement?

We know that every person, family and situation is different.

We do our best to help you uncover creative solutions to help you own the home of your dreams.

Once you’ve had a chance to check out the house, you’ll fill out an application that will include detailed information on everyone living in the home.

We’ll conduct a credit check and verify the income(s) for everyone over 18 who is living in your household to confirm that you’ll be able to make your monthly payment.

People with bad credit, no credit, limited cash available, and other financial situations have all been able to owner finance a home before.

We’ll speak with your references and previous landlords, because relationships matter to us more than just scores assigned by a computer.

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

See Available [Sherman or Denison] Owner Financed Homes >