What is the general interest charged for a owner finance home? ?
Question by cocoa: What is the general interest charged for a owner finance home? ? I want to buy a home owner finance but I see all these calculators on the owner finance websites in my area and I don’t know what percentage to use. I live in Texas. Best answer: Answer by tami kthat is contingent upon your credit rating. to be safe i would guestimate on the high side and put in 8% for a calculation. after you do that play around with the calculator a little and put in different interest rates so you can see the importance of interest and how 1% makes a huge difference in your monthly payment Give your answer to this question...
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Read MoreIndustry groups raise concerns over fees charged by the FHA
Industry groups raise concerns over fees charged by the FHA WASHINGTON — Two influential housing-industry trade groups voiced alarm this month about the fees borrowers are charged when they take out a mortgage backed by the Federal Housing Administration — a popular source of loans for cash-strapped … For more informaiton please visit here…
Read Moreif you are buying a home owner finance can you still be charged a rent payment on top of the morgage price?
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Read MoreCan someone be charged taxes for the remaining balance of an unpaid loan?
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