If you’re running into problems qualifying for a conventional mortgage to buy a home, there are other options you can explore. One such option is a purchase money mortgage, also known as seller or ...

A purchase-money mortgage is any real estate loan that doesn’t include a financial institution as part of the agreement. In commercial property transactions, the lender might be the original property ...

In a purchase-money mortgage transaction, the home seller acts as a lender and sets the down payment and interest rate. A purchase-money mortgage or seller financing, is issued by the home seller ...