Owner Financing


  • A real estate transaction where the person selling the property lends the buyer all or a portion of the money for the purchase.

owner financed, seller carry back, carryback loan, seller financing, private lending


Related Terms and Acronyms

  • For Sale By Owner (FSBO) Acronym, Very Important,
    • An arrangement by which a house's owner tries to sell the house without hiring a real-estate agent. Owners do this to avoid paying a commission.
    Can save the seller money by forgoing realtor fees.
  • Loan Servicing Definition,
    • Supervising a loan after it has been made. This could involve collecting payments, keeping accounting records, computing interest and principal, etc.
  • Sale-leaseback Definition,
    • A transaction in which the seller transfers the title to the buyer, then rents the property from the new owner. Generally not done in Canada, more an American practice.
  • Seller Carryback Definition,
    • A form of financing in which the seller of a property accepts a down payment and agrees to accept payments until the property is paid for.
  • Vendor Take Back Definition,
    • Where the seller of the property provides all or some of the financing in order to sell the property.
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