Is seller financing the same as owner financing?

Yes, they are the same.

Owner financing allows the buyer to purchase a property without relying on a bank to provide a traditional mortgage. Instead, the owner (the seller) finances the buyer to buy the property.

The buyer then pays the seller interest and principal payments, similar to bank financing.

Published: Oct 7, 2022

Updated: Oct 7, 2022

Search among the most frequently asked questions

Ready to sell with owner financing? We can help.