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  2. Owner financing: What it is and how it works - AOL

    www.aol.com/finance/owner-financing-works...

    Owner financing — also known as creative financing, a purchase money mortgage or seller financing —is an arrangement in which the home seller provides some or all of the financing directly to ...

  3. Seller financing - Wikipedia

    en.wikipedia.org/wiki/Seller_financing

    Seller financing contracts are subject to fewer consumer protections than mortgage loans in most states. While seller financing can provide a unique way for people with low credit scores to obtain a path to home ownership, they are considered predatory by groups such as the Center for American Progress. In addition, some investment firms have ...

  4. Town Uses Eminent Domain To Stop Private Affordable Housing ...

    www.aol.com/news/town-uses-eminent-domain-stop...

    Post–Great Recession restrictions on mortgage credit have prevented owner-occupiers from financing new single-family homes. Enter large institutional investors, who are buying made-to-order ...

  5. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    A USDA home loan is different from a traditional mortgage offered in the United States in several ways. USDA loans require no down payment, meaning that it is possible to finance up to 100% of the property value. One must meet the income restrictions for the county in which the buyer is interested. Each county has a maximum Income Requirement.

  6. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    A mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed.

  7. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    Through state housing finance agencies (HFAs), Fannie and Freddie also back another set of 3 percent down payment programs, called HFA Preferred and HFA Advantage, respectively.

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