Finance Your Home or Land with JP Real Estate
With our Owner Financing Program, you can purchase a home or land from our current inventory.
This is an excellent path to homeownership and landownership instead of a conventional mortgage lender. Also, Owner financing is an effective way to own a property where traditional lender financing may be difficult to obtain.
How to qualify for Owner Financing
Owner Financing
Our in-house financing program offers flexibility in qualification, unlike banks, mortgage companies, or other financial institutions. No Credit, Bad Credit. No Problem! Your credit score is not a factor in determining eligibility to buy a property.
We make it easy to buy a home or land in Texas. Call us and talk to one of our team of experts to learn more about how you can qualify for our owner finance program.
What we need from you
A Downpayment Is Required
(Typically it is 10% of the purchase price)
Credit Check
(Your credit score is not required to qualify, however, we will pull your credit to verify information)
Proof of Income
(Any of the items below will work)
3 Months of Bank Statements
3 Months of Pay Stubs or Checks
Last 2 Years of Income Tax
Previous Year W2 or 1099
Additional Fees at Closing
Houses
Prorated Interest
Two months of property tax escrow
Closing fees
County recording fees
Two months of insurance escrow
One year of property insurance
Land
Prorated Interest
Two months of property tax escrow
Closing fees
County recording fees
HousesProrated Interest |
LandProrated Interest |
Bankruptcy
If the borrower(s) have filed for bankruptcy in the past, they may be required to put in a larger down payment. If they have an active bankruptcy, they will not be eligible for our owner financing program.
