Home:Finance / Owner Financing

Owner Financing is a financing arrangement whereby the owner acts as the lender for the buyer until he or she can qualify and obtain financing from an institutional lender.

The ever changing real-estate market and the upheaval of the housing crisis are causing lenders to change their standards and guidelines on home loan mortgages. So what is a potential homebuyer to do when they have a less then perfect credit score and is trying to obtain financing?