Owner Finance Land: Texas Loan Servicing
Buy Land With Flexible Financing Options
Buying land in Texas doesn’t have to mean dealing with banks, high credit requirements, or long approval waits. With owner financing options, you can get a more flexible, buyer-friendly way to purchase rural acreage. Whether you’re building your dream home, looking for hunting land, or searching for the perfect cattle ranch, owner-financed land gives you the freedom to act fast without the red tape.
Keep reading to discover how SRC Land can help you with affordable acreage for sale in the Lone Star State with flexible terms, low upfront costs, and a smoother path to ownership.
What Is Owner Financing?
If you are looking to own land in Texas without going through the stress of dealing with a bank, owner financing is your best bet. Owner-financed land in Texas has flexible terms, low upfront costs, and no credit checks. Whether you want a cozy homesite or wide-open acreage, Owner financing can help make your dream come true.
Owner financing, also known as seller financing, is a method for purchasing land that allows buyers to avoid the red tape and hassle of going through a traditional lender. With owner finance purchase agreements, you can buy land in Texas without ever having to undergo a credit check. Instead, owner financed loans are based on proof of income. Rather than attempting to get approved for a loan through a bank, owner financing involves buyers borrowing directly from the seller of the property. You negotiate directly with the seller, allowing you to access deals for lower down payments, rates, and monthly payments.
Keep in mind that owner financing offers can have an impact on your property taxes. To learn more the impacts on your tax payments, you can reach out to our team, but your ultimate tax guidance and information should come from a trusted tax accountant.
SRC Land will work with you to create a sale agreement that meets your needs and fits your budget. With owner financing from SRC Land, you can make your dream of buying land a reality.
What Are the Benefits of Buying Owner Financed Land?
Owner financed land in Texas can be a great investment opportunity, both for real estate investors and those in search of the perfect place to build their future home. If you’re looking for the smart way to buy Texas properties, owner financing might be the. By carrying out a property purchase using owner financing, you can expect to see the following benefits. Keep in mind that you will need to verify your income.
No Credit Check
Flexible Terms
Lower Closing Costs
Buy Directly From the Landowner
Quicker Closing Times
No Broker or Realtor Fees
Low Prices
Our Owner Financed Land Deals
You can purchase owner financed land for your dream home from SRC Land. We have a variety of rural Texas land with limited deed restrictions, offering all the conveniences of city living without the hassle of city life. Check out our owner financed Texas land for sale:
Service You Can Trust: SRC Land’s Compliance Standards
Over the course of decades of hands-on experience, SRC Land has honed our ability to adapt to new regulations in order to best protect our investors and clients. You can rest assured that we will protect your investments as carefully as we protect our own.
In order to guarantee that our company is always in line with new regulations, our compliance department scrutinizes all note servicing procedures and loan originations. This means maintaining an in-depth understanding of all current laws and rules regarding lending services. You can rely on SRC Land for flexible, secure owner-financing options to buy your dream property.
Our Background With Owner Financing Land in Texas
Scot and Kevin Campbell have more than 60 years of experience in the owner finance industry. They started a note servicing business for investment companies in 1999 but soon found their true calling while working to help all Texans access land ownership through owner-financed mortgage services.
Relying on the wealth of experience they’ve gained over the years, the SRC team creates owner-financing programs tailored to meet the specific needs of our valued clients while ensuring that all regulations are met. You can rely on owner financing from SRC Land to help you buy the perfect piece of rural land in Texas.
The SAFE Act
In 2010, the SAFE Act was established by the U.S. government to create a nationwide licensing and registration system for residential mortgage providers, including seller-financed mortgages. This system ensures that homebuyers throughout the U.S. have access to qualified lenders.
Dodd-Frank Act and the CFPB
Along with the SAFE Act, the creation of the Consumer Financial Protection Bureau (CFPB) and the ratification of the Dodd-Frank Act have established new regulations that cover loan origination, note servicing, and collection, effectively changing the entire seller-financed business model.
About Our Registrations
SRC Management, Inc. DBA SRC Land NMLS#299848 is the registered and bonded loan servicing company that services mortgages for affiliated and independent investors, companies, and institutions.
SRC Originators, LLC NMLS#1441080 is the third-party Origination company that originates the loans for investors.
Servicing Disclosure Statement
Complaints regarding the servicing of your mortgage should be sent to the Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin TX 78705. A toll-free hotline is available at (877) 276-5550.
SRC Originators, LLC. NMLS #1441080
Secure Texas Acreage With Flexible Financing Using SRC Land
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If you’re interested in purchasing land the easy way, you can buy land in Texas without a bank using the owner-financing process. It opens the door to land ownership for buyers who want flexible payments, fewer barriers, and faster approval.
Explore our listings and site to see how owner-financed acreage can make your dream of owning land in the Lone Star State a reality. You can change your life with your own slice of Texas beauty. Get in touch for more details and answers to any questions you may have. We’re committed to providing exceptional deals for our clients. Skip the large down payments and strict payment requirements of traditional banks with out owner financing.
Contact SRC To Learn How Seller-Financing Can Help Make Land Ownership a Reality
Servicing Disclosure Statement
Complaints regarding the servicing of your mortgage should be sent to the Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin Texas 78705. A toll-free hotline is available at (877) 276-5550.
