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Updated 18 days ago,

Account Closed
  • Hamburg, NY
1
Votes |
13
Posts

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

Account Closed
  • Hamburg, NY
Posted

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.

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