What is Owner Financing? Let’s say you’ve found the right home for you, the seller has agreed to you offer but then something went wrong. You’ve known that you can’t qualify for a mortgage or maybe the money you’ve saved is not enough for your down payment. This can happen ….

Or let’s say  you’re tired of renting, and you want to own a home in the Oklahoma City Metro but your credit, lack of down payment, or income is holding you back from qualifying for a normal bank loan, We can help you though Owner Financing.

Owner Financing is when the owner finances the purchase of his home for the buyer. With owner- financed home, the owner accepts the role of the traditional lender. The owner can finance the entire mortgage or he can lend the difference between the buyer approved mortgage amount and the price of his home.  The buyer repays the owner monthly with interest. We are simply an alternative if traditional buying doesn’t work due to poor credit or lack of financing.

Owner Finance OKC specialize in helping in helping Oklahoma City Metro residents become homeowners through our Oklahoma City Metro Owner Financing Program. This means there are no banks involved. You are not renting the property or renting to own. You are buying it without the bank.

We are a local real estate company that offers our properties to deserving families with a reasonable down payment and the ability to pay a monthly payment comparable to rent.

The types of houses we tend to offer on our Oklahoma City Metro Owner Financing Home Program include…

  • 2 bedroom – 4 bedroom homes
  • 800 – 2,000 square feet
  • Often times many upgrades
  • Each home is different, so there’s definitely the perfect home out there for you.

Our homes are often priced from $39,900 to $100,000 and typically require a down payment of $3,000 to $10,000. We have found that this is the best price range to find homes that are in decent neighborhoods where people want to own a home and raise a family.

How Does Our Program Work Anyway?

It’s easier than you think – and we can help. The process is really pretty straightforward.

We finance the property for you with what is called a “land contract” or “contract for deed”. This is very common and every closing is handled by a state licensed attorney or authorized signing service, just like any other real estate transaction. So you can rest assured that everything is handled professionally.

You will also be responsible for the taxes and insurance just like any other homeowner. We will, however, escrow taxes and insurance for you to help you budget for these expenses.

One of the best things about buying a home this way is that you do not have to deal with banks and qualify based on your credit. You can start building equity right away and stop paying rent.

Step 1: Submit your info on this website to create a FREE account and let us know the type of house you’re looking for.

Step 2: We’ll look at your situation, the type of property you’re looking for, and show you your options here in the Oklahoma City Metro.

Step 3: View the local Oklahoma City Metro homes that fit what you’re looking for.  If you see one you like, go check our the exterior and the neighborhood.  If you like the exterior and the neighborhood and you have a substantial down payment, call us at 405-276-4799 to set up an appointment.

Step 4: Download our application and fill it out.

Seller Finance Full Application

Seller Finance Resident Only Application

 

We seek to only buy properties that are move in ready or close to move in ready. For this reason, we do not typically make any improvements to the property prior to offering it to deserving families. All properties are sold “as is where is”. So it is the responsibility of the purchaser to make any necessary repairs and to inspect the property thoroughly prior to purchase. We recommend getting a home inspection prior to purchase.

Plus, as we acquire new properties each month, as long as you’re on our Owner Financing Home List, you’ll get email and text alerts with the latest properties available.
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START below and see our available Owner Financed Homes in Oklahoma City Metro!


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become homeowners in Oklahoma City Metro ››