Southern
Home Ownership Programs
Southern
Home Ownership Programs
Southern
Home Ownership Programs
YOUR DREAM HOME AWAITS
Our process is simple. You can select almost any home within your budget, we buy it using our credit line and resell it to you by owner finance at regular, current market interest rates and terms. If you are employed, self-employed, or work on commission, we can help! There are NO CATCHES! With our easy three-step process, we can help you overcome the challenges that occur with traditional funding sources due to:
⦿ Past Credit problems
⦿ Not enough time on the job
⦿ Not enough down payment
⦿ No bank accounts
⦿ High debt-to-income ratio
⦿ Self-employed
⦿ Problems with income verification
⦿ Even having too much credit
We understand the problems that prevent good people from qualifying for home financing and want to work with those who have a promising outlook for a better future. If this describes you, we want to talk about getting you into a home.
We Use Our Funds To Buy Your Dream Home Then Sell It To You With Owner Assisted Financing!
It doesn’t get any better than that. If you are serious, so are we. CLICK HERE to register and reserve your position for our Program. You’ll also gain access to more details about our Programs as well as step by step instructions to get you started. You CAN achieve the American dream!
Affordable Home Ownership Program
Buyer Criteria (For Owner Financing)
For buyers seeking an alternative to traditional mortgage financing, our owner-financing option provides a flexible and accessible pathway to homeownership. Here’s what we look for in potential buyers:
- Stable Income: Buyers should demonstrate a stable source of income to ensure they can make monthly payments.
- Credit History: While traditional credit scores are not always required, we evaluate your financial situation on a case-by-case basis. We look for a reliable payment history or ability to demonstrate financial responsibility.
- Down Payment: A reasonable down payment is required to secure your home. The amount may vary depending on the home’s price and the buyer’s financial situation.
- Commitment to Homeownership: We work with buyers who are ready to commit to homeownership and are motivated to maintain the property.
- Ability to Meet Terms: Buyers must agree to the terms of the owner-financing contract, including monthly payments and the agreed-upon financing term.
Our Process
When a client qualifies, they become an Approved Participant for our Program. You can choose almost any home within your budget as you will have access, through our approved Realtor Service Provider Network, to both the Multiple Listing Service and For-Sale-By-Owners. We will purchase the home you choose for cash and then sell it to you at appraised value on a 30-year fixed loan at the current market interest rates. There are no pre-payment penalties. There are no upfront fees with the exception of a credit report fee. Our Approved Participant home buyers receive all of the benefits of home ownership and in turn, local communities are strengthened.
We have years of experience which allow us to solve complex problems that home buyers face and provide real life solutions that can make dreams a reality.
PLEASE NOTE: we are not realtors, mortgage brokers or a bank. We do not lend money and we are not credit counselors We do however utilize these specialists to ensure our Approved Participants receive the service and care they deserve.
Southern Home Ownership Programs is part of a private investor network with goals to invest funds into local real estate to obtain short- and long-term income.
Your Home,
Your Future,
Our Commitment
FAQ’S
Southern Home Ownership Programs help people become homeowners. We work with those who may have faced difficulty obtaining traditional home financing or do not have the required funds for down payment and closing costs to purchase a home but can afford monthly house payments. We do this by determining your eligibility for our Programs and assist you in the home buying, mortgage and closing processes.
Southern Home Ownership Programs leverages the resources of its Real Estate, Mortgage and Title Company associates on your behalf, to provide you with the best opportunity to become a homeowner. All that is required is your commitment to become a homeowner, your ability to qualify under extremely liberal Owner Finance guidelines and your confidence that you will find the exact home that meets your needs.
No, we do not lend money. We are a group of local private investors who purchase client chosen single family homes for cash, then sell through owner finance at regular market interest rates to buyers who may not qualify for conventional financing.
Southern Home Ownership Programs checks for stability in employment and income as well as good rental history and other payments such as cars, credit cards, student loans, etc. We can also look at other alternative payment history on utilities, car insurance, day care, rent to own, cell phones, and cable TV.
