Seller Financing for Home Mortgages San Jose CA

Tight mortgage money makes seller-financing, not a silver bullet to shoot down stiff underwriting standards, but an option to consider in a tight mortgage market. If you can't find a bank to approve your home loan, ask the seller to consider being your mortgage lender.

Local Companies

NoJa Mortgage Corp.
408-841-9400
2059 Camden Ave 231
San Jose, CA
Mari Rollie & Associates
(408) 392-9053
1172 Murphy Ave
San Jose, CA
Manylike Investment Inc
(408) 296-7888
4300 Stevens Creek Blvd
San Jose, CA
Highland Mortgage
(408) 284-2241
835 Blossom Hill Rd Ste 101
San Jose, CA
Vaam Corp
(408) 920-6600
100 E Santa Clara St
San Jose, CA
J Force Lending Inc
(408) 943-4911
2055 Junction Ave
San Jose, CA
Cal-Pac North America Properties Inc
(408) 248-8888
960 Saratoga Ave
San Jose, CA
France Home Loans
(408) 729-5626
2470 Berryessa Rd
San Jose, CA
Great Start Mortgage
(408) 532-8917
2323 Trinity Hills Ct
San Jose, CA
Mortgage Pros Inc
(408) 247-2641
2000 Weat Hedding St
San Jose, CA

provided by:http://www.deadlinenews.com/

Tight mortgage money makes seller-financing, not a silver bullet to shoot down stiff underwriting standards, but an option to consider in a tight mortgage market.

by Broderick Perkins
© 2008 DeadlineNews.Com

Deadline Newsroom - If you can't find a bank to approve your home loan, ask the seller to consider being your mortgage lender.

Only a fraction of sellers are willing to take on the role of financier, but that fraction is likely larger than it was a few years ago when lenders had plenty money to lend.

That's because today's home buyers are having a tough time finding mortgage money and sellers are having a tough time finding buyers.

Seller financing isn't an option for every transaction, but it can be a win-win situation for those who can strike a deal, says Greg Winfield, who runs the web listing service OwnerWillCarry.com.

Winfield says seller financed mortgages can come in a variety of formats with all terms negotiable between the buyer and seller.

The best seller-financing comes with properties that are mortgage free and clear. The seller simply accepts a note -- a legally binding loan contract -- from a qualifying buyer. ...

Click to read this article from Deadline News

Featured Local Company

NoJa Mortgage Corp.

408-841-9400
2059 Camden Ave 231
San Jose, CA