No Credit Check Land Owner Financing Program
We are proud to assist land buyers with less-than-perfect credit scores to obtain the land loan they need for a wholesale land purchase. Between our committed team of financing specialists who offer no credit check owner financed land solutions and our extensive wholesale land inventory, You’re at the right place to shop when you need to buy residential or commercial wholesale land but you possess a poor credit score.
- No Banks
- No Hidden Financing Fees
- No Realtor Commissions
Every day, our finance department works with investors of all credit histories — including no credit and low credit individuals — to help them find financing options…
Perfect For Investing In Wholesale Land On A Budget
Do you want to buy wholesale land for your investment portfolio simply to?
- Have to wait for lenders to process and approve your application!
- Have your funding sources tapped out limiting your landholdings!
- Have less-than-perfect credit but still want to invest!
Our No Credit Check Owner Financed Land Program is an option, that you may not be aware of…
Our No Credit Check Owner Financed Land Program is popular with buyers because it allows them to leverage their money and invest in more wholesale land for sale in the USA even if they don’t have the full amount of money available to them at the moment.
Quick Approvals on Wholesale Land
We make it easy to buy wholesale land in the USA, First by selling wholesale land cheap!, and second by giving you an opportunity to buy land in 3 easy steps:
Research & Pick A Property
We have access to all types of land for sale in the USA available, Pick a property of interest and be sure to perform your due diligence. We can’t stress that enough and if you need any county information such as Recorder of Deeds, Tax Collector office, Assessor office or Mapping / GIS , click NY State County Information for more information.
Simply click thebutton on the property listing page. This is where you will need to submit a (via PayPal) to secure your interest in the property and this deposit is credited towards your documentation fee to complete the purchase process.
We provide honest and convenient solutions on every transaction to our buyers with bank-grade security for all online credit card and bank payments.
We Finance Your Purchase
After making a deposit, you simply sign all documentation, make a down payment, and you make payments directly to us on a monthly basis until your property is paid in full.
Then, We simply email a statement to you with the remaining balance due and we are able to close on any day that is convenient for you ().
However, if you choose to close with a lawyer of your choice you must be prepared to cover any and all additional costs that you may incur.
You’re Approved Regardless Of Credit
Have you had a recent financial setback that has negatively affected your credit score?
Typical financial issues that lead to the need for bad credit financing include:
- Writing bad checks
- Missing payments
We Make It Simple! When you buy wholesale owner financed land from us, you don’t need to qualify for financing. We make it our mission to make property ownership affordable for as many clients as possible.
After you make a deposit, sign, and submit all documentation, we’ll set up a scheduled monthly payment plan as well as the terms of the loan which can be financed, leaving only the down payment due at closing on an agreed-upon date.
- No Credit
- Bad Credit
- First Time Buyer
- Bankruptcies are OK!
- Foreclosure is OK TOO!
The ONLY Disqualifying Reason: Anyone that has IRS liens attached to any other properties.
Our Landowner Financing Program is popular with our buyers because you simply make a deposit, sign all documentation, make a down payment, and you make your monthly payments… That’s It!
Wholesale Land Loans: Everything You Need To Know
Sometimes referred to as a ‘land installment contract’, this allows you the buyer to pay the land owner in installments over a predetermined period of time. As with any loan, there are 3 components to a loan that determines how much the monthly payments are and how low will it take to pay off the loan in full
- Down Payment Amount
- Installment Payments
- Loan Amortization Schedule
Down Payment Amount
For down payment amounts, Typically we require 20-25% of the Seller Financing Price, and depending on the Seller Financing Price you can own cheap land with a minimum of $0 down!
Also, If you want to want to pay off for your land faster, making a larger down payment is the first pillar to making it happen sooner.
You simply let us know beforehand the amount you want to pay down. Then we will accommodate the contract for the desired down payment amount, plus make the appropriate installment payment schedule adjustments.
Once we receive the down payment, we inform you of the terms of the loan which will be financed, the installment payment schedule that offers flexibility to work with your budget, and The loan amortization period (The length of time to pay-off the loan in full).
In addition to the flexible terms of the loan which can be paid in full at anytime, You also have the convenience of making payments as low as $100/month until you own the property.
For all installment payments, We accept online bank payment (Electronic Funds Transfer or EFT) only and the installment payment will consist of the following:
- Monthly Payment Amount (Principal & Interest)
- Monthly Property Taxes (Escrowed into the Payment)
- Monthly HOA Fees (Escrowed in if Applicable)
- Monthly Note Service Fee
In the chart example below, The first set of payments represents if the purchase price ends up on the low end of the range and the second set of payments being the maximum amount, if the purchase price reaches the high amount in that financing range.
Installment Payment Range are as follow:
|Purchase Price Range||Installment Payment Range|
|$1 – $5,000||Must Be Paid in Full At Time of Purchase|
|$5,001 – $9,999||Monthly payment range of $60.00 to $163.66|
|$10,000 – $19,999||Monthly payment range of $108.73 to $217.40|
|$20,000 – $29,999||Monthly payment range of $157.08 to $314.15|
|$30,000 – $39,999||Monthly payment range of $275.44 to $413..24|
|$40,000 – $59,999||Monthly payment range of $376.07 to $501.41|
|$60,000 +||Monthly payment range of $681.96 to $852.04|
*Note: This is an example of installment payment amounts of principle & interest only.
Loan Amortization Schedule
The time it takes to complete our No Credit Check Land Owner Financing Program varies because the loan amortization period (The length of time to pay off the loan in full) depends on the purchase price, down payment amount.
Below is an example of our loan amortizationwithout a down payment and are :
|Purchase Price Range||Loan Amortization*|
(Length of Time to Pay-Off the Loan in Full)
|$1 – $5,000||Must be paid in full at time of purchase|
|$5,001 – $9,999||Financed up to 3 years / 36 months|
|$10,000 – $19,999||Financed up to 5 years / 60 months|
|$20,000 – $29,999||Financed up to 8 years / 96 months|
|$30,000 – $39,999||Financed up to 10 years / 120 months|
|$40,000 – $59,999||Financed up to 15 years / 180 months|
|$60,000 +||Financed up to 30 years / 360 months|
Flexible Owner Financed Land Loan Terms
As soon as you are registered on our No Credit Check Owner Financed Land Program, Our terms give you the flexibility to pay off the loan of your property sooner. You choose how quickly you’d like to pay off your loan and you can pay your property in full with these 3 options:
- Early Pre-Payments
- Yearly Balloon Payment
- Pay The Remaining Balance In Full Anytime
These options give you the flexibility to pay off the loan of your property sooner with:
- No Penalties for Early Pre-Payments
- No Penalties for Yearly Balloon Payments
- No Penalties for Paying the Balance in Full Anytime
It is very simple, We make it easy to buy land up to 80% off Full Market Value. With our No Credit Check Land Owner Financing Program, It is our mission to make land ownership affordable for as many people as possible.
If you’re interested in learning more about how our No Credit Check Land Owner Financing Program can work for you.
Feel free toto discuss the type of land you’re looking for or fill out the quick form below to see if our Owner Financed Land Program is right for you.