buy an owner finance home in Texas
Buy a Texas home without bank approval.
For self-employed buyers, recent bankruptcies, no-US-credit-history families, and anyone the traditional system keeps saying no to. Soft credit pull only. Pre-qualify in 24 hours.
Who This Is For
Four kinds of buyers banks keep saying no to.
If any of these sound like you, owner finance probably works where conventional lending doesn’t.
1099 or business owner
Banks want two years of W-2s. You file Schedule C, have business write-offs, or run multiple income streams. Income is real — the paperwork doesn’t fit.
Post-bankruptcy or foreclosure
Conventional loans require 24+ months of seasoning. You’re back on your feet — steady income, savings, ready to buy — but the calendar isn’t there yet.
Immigrants & new arrivals
Established income, savings, family — but no US credit history. Most banks won’t even start the conversation without 24 months of tradelines.
Need to close in weeks, not months
Job relocation, family change, lease ending, seller pressure. Traditional mortgage timelines (60–90 days) don’t match your situation.
The Buyer Process
From "banks said no" to keys in hand.
Four steps. Most buyers go from first contact to closing in 3 to 5 weeks.
01
Pre-Qualify
Tell us your credit range, monthly income, target city, and down payment. Soft credit pull — no score impact.
02
Match to Homes
We send 3 to 5 owner-financed homes fitting your budget. Real terms shown upfront.
03
Tour & Negotiate
Visit homes in person, pick your favorite. We help negotiate down payment, rate, and term.
04
Close & Move In
Attorney + title company draft the paperwork. You sign, hand over down payment, get keys.
What we look at · 01
Credit score tiers.
Owner finance has no rigid FICO floor like banks do — but here’s how we typically structure terms across credit ranges. Most of our buyers land in the 580–680 sweet spot.
Under 580
Subject-To
Subject-To path
Below 580 we usually structure as Subject-To with an existing seller mortgage. Down payment and seller terms compensate for credit.
Typical · 15% down
580–679
Sweet spot
Standard owner finance
This is where most of our deals close. Straightforward owner-financed mortgage at competitive rates with 10–15% down.
Most common · 10% down
680–739
Best terms
Premium rate & term
Lower interest rate, longer amortization options, and more flexible balloon/refi structures. Often closes in under 3 weeks.
Best rates · 5–10% down
740+
Top tier
Ask why you're here
You probably qualify for conventional lending. We’ll be honest about whether owner finance still makes sense for your situation.
Reality check first
What we look at · 02
Down payment options.
Down payment is the lever sellers care about most. 10% is our most common deal structure across all credit ranges. Higher down = better rate, lower PITI, more flexibility.
Subject-To
0–5%
Subject-To path
Some Subject-To arrangements require zero down. Seller’s existing mortgage stays in place, you take over payments.
Rare · Specific situations
Most common
10%
The standard deal
Our most common structure across all credit tiers. On a $260k home, that’s $26,000 down. Best balance of approval likelihood and PITI affordability.
90%+ of deals
Better Terms
0–5%
Premium structure
Better interest rate, shorter balloon, more seller flexibility. Often used to compensate for lower credit or harder situations.
Tier 1–2 buyers
Cash Strong
25%+
Best terms available
Lowest rate we can negotiate, most flexible balloon and refinance options, fastest closing. Common with investor buyers and recent home-sale rollovers.
Investor-favored
Available Now
Homes you can actually buy this month.
Every listing shows PITI, rate, down payment, and final price upfront. No mystery numbers, no surprises at closing.
Available Now
The questions we get every week.
Do I really own the home, or am I just renting?
You own the home on day one. The deed transfers to you at closing. You’re paying off a mortgage held by the seller (or by the original bank in a Subject-To deal), but the property is yours. Big difference from rent-to-own, where you don’t own anything until the option exercises.
What if I can't make a payment?
Same as any mortgage — missed payments lead to default, then potentially foreclosure. The terms of cure and notice are in your contract. We walk through all of this with you before you sign, alongside the attorney. Owner finance is not a workaround for being unable to afford the home.
Can I refinance into a conventional loan later?
Yes — and most buyers do. Once you’ve built 12 to 24 months of on-time payments and improved your credit, you can refinance into a conventional, FHA, or VA loan. That’s often the goal: use owner finance to get into the home, then refinance to a bank rate within 2 to 3 years.
Are there balloon payments?
Sometimes. Many owner finance deals have a 5- to 10-year balloon — meaning the full remaining balance is due then. This is normal and not a trap. By that point most buyers refinance into a conventional mortgage. We disclose any balloon terms upfront, in writing.
Ready to find your next home?
Get started with your 24-hour pre-qualification and structural brief today.