Owner finance faqs

 Owner Financing is when a  property buyer finances the purchase directly through the person or  entity selling it. This often occurs when the prospective buyer cannot obtain funding through a conventional mortgage lender. 

Our owner financing process is actually pretty simple.

After you’ve been Pre-Qualified, we’ll go through a simple application process.  and if you can  afford the property, we can probably help you to own it.

We help you avoid bank qualifying and streamline the process to home ownership. You will need a 15% to 25% for down payment an application fee , a minimum  household monthly income. We will need to verify that you have the ability  to make the monthly payments. We do this for your protection so we know  you will be able to afford the home you want. 

That’s the process!

The answer is...Yes you can! Many people with bad credit can still buy a home without a bank.

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

So fill out our simple Pre-Qual form below and get your piece of the American dream!

That will all depend on your monthly household income.  Once we determine this, we will get you approved and you and your realtor will know exactly what is the right price range for you and your family. 

 In our program we recommend a combined minimum family income of at least  $1,500 and up.  Higher priced homes will require more income. (That makes sense)   For family income amounts less than $1,500/Month the number of homes  that you will qualify for may become limited, but we still help  you become a homeowner if at all possible.  We will help you determine right  up front the maximum home sales price you qualify for in the application  process. 

 Yes.

Our program typically requires a down payment of Fifteen Percent (15%) to  Twenty-Five (25%)  This will depend on the selected home price range.  These funds will need to be verified before loan application.  There is also an application fee of $1,500.  

(This is a non-refundable application fee payable to The Way Home Company and does not go towards closing cost or down payment.)

 Just as with any other real estate purchase transaction, there are closing cost.  In our program closing costs typically run from 3% to 4% depending upon the price of the home.

 US Citizenship is not required.  

 A US Social Security Number is not required.  However a Legal, valid  ID or Passport is required.

 The benefits of owner financing are numerous!

Throughout the State of Texas, thousands of people are using owner financing as a way to get the home of their dreams without having to qualify for a bank loan. 

Banks are becoming increasingly tighter on loan qualifications criteria.  This locks out many good people from realizing the American Dream.  We have the solution.

1.)  Get Pre-Qualified

2.)  Schedule a one-on-one Phone/Zoom Consultation with one of our Owner-Finance Experts.

3.)  Pay the Application Fee and Complete our Application

4.)  Get Approved for your Max Funding Amount.

5.)  Work with your own realtor or one of our Network Associate Realtors to locate your Dream Home.

6.)  Secure the property under contract.

7.)  Close with your down-payment and closing cost.

8.)  Move in and Enjoy The Good Life!