Own a home in Florida without a bank loan.
We arrange owner financing on the home you pick. You close with a title company and get the deed.
See if you qualify
Takes about a minute. We reply within one business day.
- You get the deed in your name at closing.
- There is no minimum credit score, and we work with ITIN holders.
- Self-employed and 1099 income both count.
The deed is in your name
You close with a title company or a closing attorney and become the owner of record on day one, before the loan is paid off.
No balloon payment
Your payment stays fixed. There is no date where a large lump sum comes due and you have to refinance or lose the home.
No prepayment penalty
Pay it down early or refinance into a conventional mortgage whenever you are ready. It costs you nothing extra to do it.
How this compares
Owner financing and rent to own are not the same thing.
People mix these up constantly, and the difference decides who actually owns the house if something goes wrong. Here is where they split.
| This program | Rent to own or lease option | Waiting to qualify for a mortgage | |
|---|---|---|---|
| When you own the home | At closing, on day one | Only if you qualify and exercise the option later | After a lender approves you |
| If the seller hits money trouble | Your deed is already recorded, so the home is yours | A bankruptcy, divorce, tax lien, or judgment against the seller can cost you the home even if you paid on time | Does not apply |
| Credit score needed | No minimum | Varies by seller | Usually 620 or higher |
| Self-employed income | Bank statements or tax returns | Varies by seller | Usually two years of documented history |
| Money up front | 20 percent down, and 15 percent in some cases, credited to the purchase | An option fee, often smaller, and often forfeited if you do not buy | 3 to 20 percent down, plus closing costs |
| When you start building equity | With your first payment | Not until you buy the home | Once you close |
| Which home you can get | Any home you pick that we can negotiate, priced $150,000 to $2,000,000 | Whatever that one landlord happens to own | Any home the lender will approve |
Scroll the table sideways to see every column.
We qualify you on income and down payment.
A lender runs you through a credit box. We look at whether you can comfortably carry the payment and what you can put down.
What we look for
- Steady income that covers the monthly payment without straining you
- 20 percent down, and 15 percent in some cases, figured on the price we negotiate rather than a marked-up number
- A home priced between $150,000 and $2,000,000
- You are ready to move on it now, not sometime next year
What we do not require
- A minimum credit score
- A W-2 job. 1099 and self-employed income both work
- A clean bankruptcy or foreclosure record
- A Social Security number. We work with ITIN holders
- Approval from any bank
A low credit score on its own will not disqualify you. If you can afford the home, we will look for a way to structure it.
Three steps to your home.
No paperwork maze and no three month wait to hear back.
Get qualified
We go through your income, your down payment, and your situation. You get a qualification letter good for up to 12 months, which lets you make an offer the same day you find a home you want.
Pick your home
Choose up to three homes you would genuinely live in. We approach your first choice, negotiate the best price we can get, and structure the offer on your behalf. Listed homes, for sale by owner, builder inventory, and off-market properties are all in play.
Close and get your deed
We close through a title company or a qualified closing attorney. You get the keys and a deed in your name. We stay involved until you are moved in.
Good people in complicated situations.
Banks say no for reasons that have very little to do with whether you can afford a house. These are the people we work with.
Your credit does not tell the whole story
A low score, old collections, or no credit file at all. We look at the full picture instead of one number.
Self-employed or 1099
Your income is real, it just does not fit a W-2 box. We know how business income actually works.
A bankruptcy or foreclosure behind you
We care about what your finances look like now, not what happened to you in 2016.
New to the United States
You are building a life here and you need somewhere stable. We work with ITIN holders and non-traditional documentation.
You changed jobs recently
Lenders want two years with the same employer. We look at whether the income is steady, not how long the logo on your paystub has been the same.
You are not ready for a mortgage yet
Own the home now, build a payment record, and refinance into a conventional loan when the timing works for you.
Who this is not for.
We turn people down, and it is fairer to tell you that here than after you have filled out a form.
This is not for you if what you actually want is to rent with a loose promise to buy someday. You would be buying a home, with the obligations that come with it.
It is also not for you if there is a pattern of not paying: repeat evictions, repeat bankruptcies, or a habit of walking away from financial obligations. We run a background check as part of qualifying, so this comes up either way.
Who you are talking to
- In real estate since 2010
- Finance degree, FIU
- Based in Pembroke Pines, FL
Doing right by people. That is the guiding principle behind everything we do.
My name is Freddy Escorcia. I have been in real estate since 2010, I hold a finance degree from Florida International University, and I spent years in Fortune 500 sales before going into real estate investing and acquisitions full time.
I work as a transaction engineer and a homebuyer consultant, which means I structure the deal, negotiate the price, coordinate everyone involved, and stay with you through keys, move-in, and deed. You will not get handed off to a call center.
This program exists because I kept watching people who could clearly afford a home get turned away by a system that was never built for them. If you can afford the house, there should be a path to it.
Straight answers.
The questions people actually ask us before they decide.
Do I actually own the home from day one?
Yes, and this is the most important difference between this program and most other creative financing arrangements. You close with a title company or a qualified closing attorney and receive a deed in your name at closing. You are the owner of record from that day, while you are still paying off the financing.
How is this different from rent to own?
They are completely different. In most rent to own or lease option arrangements you do not own anything yet. If the seller runs into a bankruptcy, a divorce, a tax lien, or a judgment, you can lose the home even though you paid every month on time. With owner financing through this program the deed is recorded in your name at closing, so the house is legally yours.
What credit score do I need?
There is no hard minimum. We look at your income, your stability, and how much you can put down. A low score by itself will not disqualify you, so do not let it stop you from asking.
How much do I need for a down payment?
The standard is 20 percent, and 15 percent is considered in some cases. Your down payment is calculated on the price we negotiate, not on a higher adjusted figure. Any earnest money you put up when making an offer is credited toward your down payment at closing.
Do I pay fees or commissions?
We are not real estate agents or brokers, so there are no agent commissions. You put your down payment in, which goes toward the purchase, then make fixed monthly payments and cover the normal costs of owning a home. Everything is disclosed before you sign.
Can I refinance into a conventional loan later?
Yes, and we want you to. Once you have a record of on-time payments and equity in the home, you are in a much stronger position with a traditional lender. There is no prepayment penalty, so you can pay it off whenever you are able.
I am self-employed. Does that hurt me?
No. We will ask for bank statements or tax returns to confirm you can handle the payment, and that is the extent of it. W-2 employment is not required.
How fast can I get into a home?
Once we have matched you with a property and agreed on terms, it can be as short as 30 days. Every deal is different, but we do not drag things out.
Who is this program for?
Anyone who wants to buy and own a home but cannot qualify for a conventional mortgage right now. That includes self-employed and 1099 earners, people with thin or damaged credit, people with a past bankruptcy or foreclosure, and ITIN holders. What matters is steady income, a down payment, and that you want to own rather than rent.
Tell us what you are looking for.
Fill this out and we will follow up within one business day. If you are not a fit, we will tell you that too.
- No cost and no obligation to ask.
- The more you tell us, the faster we can answer.
Prefer email? Write to us directly at info@soldwithfinancing.com and we will answer the same way.