No Credit Qualifying ~ Owner Finance Onkaparinga

No credit qualifying owner finance homes.No banks needed.Credit report will not be pulled.To qualify to own your own home today, you simply must meet the following criteria:• Funds required for down payment based on current bank guidelines (5%, 10%, 20%, etc.) based on your loan amount• Ability to make monthly payments• No pedophiles or rapistsThat’s literally it.How is this possible?We are real estate investors, not banks.We use common-sense underwriting.Credit scores don't provide insurance against a missed payment, so what good are they?Bad credit doesn't mean you can't or won't make your house payment.All we care about is on-time payments and no problems.As long as you pay, you stay. If you don't, you won't.Using this model since 2008, we've only had to foreclose/evict two buyers. We are not in the foreclosure or eviction business and do not want to be.These are structured as bona fide owner finance contracts where you legally own the home, get homeowner's insurance, and can write off the mortgage interest and property taxes on your 1040 because we strictly follow the IRS Installment Sales Contract Guidelines (IRS Pub 537).So, you legally own the home. In other words, if you want to paint, paint. If you want to get a dog, get a dog. You don't have to ask permission.This is NOT a lease, and you don't have a landlord.As long as the payment comes in on time every month, just like with a bank, you will never hear from us.If you're sick and tired of dealing with banks and would like to get an interest rate 2%–4% lower than current mortgage rates, this is the opportunity you have been looking for.How can we do this?Simple.We contract on homes all over the United States using variants of owner finance contracts whereby we secure/assume the existing financing that's already in place. As a result, we are getting rates generally between 2.5% and 5.5% because most of the sellers bought or refinanced the homes in the last 10 years when rates were at their lowest.Yes, we understand, as we are told every single day: it seems too good to be true.That's because you are used to being ripped off by banks and other companies not looking to create true win-win deals.As our mentor told us 30 years ago, "If it's not a good deal for everyone, it's not a good deal."We live and do business by this philosophy.That being said, we also don't play games and will move with alacrity to protect our interest in the event of a default.This program is for serious buyers only.W-2'd individuals will be positioned to refinance into conventional mortgage financing within 12 months.Self-employed individuals generally cannot qualify based on income for conventional mortgage financing, so in those instances, we utilize 30-year fully amortizing agreements so they never have to refinance.You can always refinance or sell whenever you wish.Additionally, unlike a conventional mortgage, you can also pay the mortgage payments ahead so that you never have to worry about a default in the event of a major life event.You can also pay the principal balance down at any time, but our recommendation to ensure no default is to pay the mortgage ahead for a period of months, if not a year, before engaging in principal balance reduction.If you choose to pay off the entire home, any pre-payments will be credited as principal balance reduction and/or credited to you at closing against prepaid items and closing costs (whichever you prefer).Unlike Realtors and mortgage companies, we move fast, and you can literally move into a home today (if we have one in inventory that meets your needs) or within the next week to few weeks if we have to acquire a home for you.We have a special program to secure properties for buyers to enable them to get exactly what they need, regardless of what we have in inventory (which is changing daily) at any specific time.If you're sick and tired of dealing with the bureaucracy of banks and all the red tape and hoops they make you jump through and want to simply buy your dream home quickly and move in, we invite you to call or text us to coordinate a time to speak by phone.

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