Owner Financing

Owner financing is an affordable option for many people in a variety of land buying scenarios.

Owner Financing Terms

Own Your Own Piece of Maine

We offer owner financing on our properties to qualified buyers who are US citizens and US residents. Approval is based on financial capabilities and history, property price, responsibility, character, etc. Down payments start as low as 10%. Interest rates are subject to change therefore they are not listed on this site and will be set at the time a purchase and sale is agreed upon. There are no prepayment penalties on our loans. We are not a bank. We have the flexibility to work with you to make a payment plan that fits within your financial needs.

Owner Financing FAQs

Frequently Asked Questions

What’s the minimum down payment?

We require a minimum down payment of 10% of the sale price if it is raw land. If the property has improvements such as structures, a larger down payment will be required.

How do I qualify for owner financing?

There is a qualification process for our owner financing. The first step is to fill out our owner finance application. The application asks for information such as contact information, source of income, references, financial obligations, your budget, etc. Approval is based on financial capabilities and history, property price, responsibility, character, etc.

What are the owner financing terms?

With our owner financing we are looking for at least 10% down, and then from there we can set you up with monthly payments to pay off the remaining balance. There are no pre-payment penalties. We would have you fill out our owner financing application, and then from there if approved we could set the definite terms of the agreement.

Can I have a co-applicant for income consideration?

Yes, they would need to fill out the same owner financing application.

Owner Financing Application

Apply To See If You Qualify