finance
 






 

Question by  sanandraj (26)

Is there such a thing as owner financing rates?

 
+6

Answer by  Christopher2600 (108)

Owner financing rates are set on a case by case basis depending on all variables of the deal. One owner may finance at a rate of 2% and one may finance at 20%. So in brief, there is no set system of rates.

 
+5

Answer by  flamiss22 (5081)

Yes there is. Private owners are not bound by any rates and can set it to whatever they want. If you think it is outrageous try a conventional bank instead.

 
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