All Forum Posts by: Carlos Licon

@Tom S. Got it. So it won't affect your credit score but it was to be reported to the lender when applying for another mortgage. However, lenders favorably adjust your debt to income ratio? 

I have been looking at single family homes in my market and have noticed that several properties offer seller financing. I am aware that Seller-Financing is a great way to acquire a property but my only concern is that if the loan gets reported to any credit bureaus it will negatively affect your Debt-to-Income Ratio and Credit Score in future loan applications. Can anybody please confirm this?