Conway Land Title Company

   440-352-0651

   Fax: 440-352-9261

        162 Main St, Painesville, Ohio 44077

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  Owner Financing in Ohio

 

Between foreclosures, domestic relation issues, bankruptcy, and a tightening of lending policies, alternative financing vehicles are commonly used to get people into homes. They are often a mere stepping-stone until the buyer can re-establish criteria for qualification for traditional lender financing options.  

 

There are 3 different options for owner financing

1.Purchase Money Mortgage

2.Land Contract

3.Lease Option