Sold as a Land Installment Contract under Ohio Revised Code Chapter 5313. Equal Housing Opportunity. All terms illustrative; subject to credit review and signed contract. Interest rate is live and updated daily from FRED DCPN3M per ORC 1343.01(B)(4) — see full details for today's rate.
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Frequently Asked Questions
A land contract is an agreement where the seller finances the purchase directly. You make monthly payments to us instead of a bank. The deed transfers when the balloon payment is made or you refinance.
No. We consider your full financial picture: income stability, employment history, and character. A credit score below 620 is not disqualifying on its own.
Your payments are calculated on a 30-year amortization schedule, but the full balance becomes due at 3 years. At that point you refinance with a bank or pay in full. Most buyers use those 36 months to rebuild credit for a conventional loan.
We work with you. Life happens. Contact us immediately — we'd rather restructure than foreclose. Forfeiture proceedings only begin after repeated missed payments with no communication.
Yes. This is a duplex. You can live in one unit and rent the other. Rental income can help cover your monthly payment.
Advertising Disclosure — 12 CFR §1026.24
Figures shown are representative examples for the seller-financed purchase of 1601 Nevada St, Toledo OH 43605 ($110,000 sale price, $13,000 minimum down, $97,000 financed, 30-year amortization with a 3-year balloon). Illustrative example at 10.00% APR: estimated monthly principal & interest ≈ $851; a balloon payment of approximately $95,200 becomes due at month 36. The actual interest rate is live and updated daily from the FRED DCPN3M index plus the statutory markup under Ohio Revised Code 1343.01(B)(4); the rate quoted to you at contract signing is then fixed for the life of the contract. Property taxes, hazard insurance, and closing costs are not included. Final terms are set only in a signed Land Installment Contract. This is not a commitment to lend. Seller financing offered only on property held for investment.