HOW DOES IT WORK?

OUR OWNER FINANCING PROGRAM

• Buyer completes Rental Application.

• Buyer pays 10% of purchase price as down payment.
    Ex: Purchase price $100,000 x 10% (.10)=$10,000. Remaining balance to be mortgaged is $90,000.

• The remaining balance will be paid monthly based on a 20 year AMORTIZATION table.

• The loan will be ASSESSED an interest rate of 4-7 percent.

• Buyer is responsible for Principal, Interest, Taxes, and Insurance (PITI).

• The mortgage will balloon after 5-10 years.

• Once all terms have been met, buyer receives Deed to the property!