In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.

@Clark HagenI believe the mortgage would deed the house to you and is just seller financing and a contract for deed you don’t get the deedDefinitely want the mortgage and my recommendation would be to use the Fannie Mae templates docs (mortgage and note) which you can get online.

Hi Tara,The 12 month seasoning is pretty standard as it is not lender specific - it's a Fannie Mae/Freddie Mac guideline.

there are few things that you should know about DTI :- every conventional lender has different way of calculating DTI- even if it doesn't work at the beginning, they can make exception case.All of these happened because of (too strict) Fannie Mae regulation.This is what you should do.

If you're going to live in it you could look at Fannie Mae propeerties that will get approved for an FHA loan with 3% down.

From looking at the website’s advertised interest rate (which was 2.75%) my impression was they were just looking at the date the property was purchased and estimating a mortgage payment based on the market rate at that time, 2.87% per Fannie Mae. 

You can acquire one with as little as 5% down now with a Fannie Mae conventional loan ( and maybe even add in dollars to update).

Here is a brief look at what is on offer out there:➡️ Agency loans as mentioned, such as by Freddie Mac and Fannie Mae.

For example, the Federal Housing Finance Agency has extended its foreclosure moratorium for single-family loans backed by Fannie Mae and Freddie Mac until August 31, 2020.

Hey @Molly Jones, so this is something I wouldn't participate in personally. 30 year leases in the US (or 100 year leases etc) can be pretty dicey depending on where they are.