Will a seller financed deal show up on buyers credit or considered on debt to income?

[Account Closed]

I am considering purchasing a seller financed home and want to know what the benefits are to the buyer (me)? I can get traditional financing through a bank but was wondering if I go the "seller financed" route would that be more advantageous? Will this seller financed payment count as a debt if I apply for traditional financing in the future? Will it show up on my credit? Any insight you all can share is greatly appreciated.

[Bill Gulley]

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.

Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail? Your debt is easily found, I suggest you disclose the loan. :)