Buying a home with bad credit doesn’t have to be difficult. Have you been trying to buy a home for sale in Chicago, but your bad credit is holding you back?
Well, URB Chicago would like to change things around. URB Chicago provides owner financing programs for buying a home with bad credit.
And our guaranteed approval of home loans for bad credit first-time buyers is perfect whether you are searching for a fixer-upper single family home, or are flipping houses for a profit.
URB casas en venta Chicago y sin ningún papeleo de su parte. Si tienes mal crédito o no tienes crédito para comprar una casa en venta en Chicago con nosotros, no hay problema. Financiamiento sin verificación de crédito.
Nuestra empresa le financiará
Sin verificaciones de crédito
No hay aplicación
No hay espera
Buying a home with bad credit from URB.
What is owner financing?
Your home may be the biggest single investment purchase you make in your life. Unfortunately, with bad credit you may feel like this dream is dashed. However, URB Chicago provides bad credit mortgage loans with guaranteed approval.
So, what exactly is owner financing?
In its simplest terms URB Chicago does not hand over money as a typical lender would. Rather, we extend enough credit for you to purchase the home, less our low and affordable deposits. Our contract for deed agreements will spell out the details of our agreements including interest rate, repayment schedule, and terms of a default. Owner financing allows you to rehab the house or property, improve or make changes to the property, and even sell the property. Once your final payment is made you will own the house outright with a full title.
Most seller financed houses and properties are short-term and much more affordable than buying a house through a traditional lender. In fact, many of our as-is condition homes are purchased with a low downpayment and affordable monthly payments equivalent to the cost of buying a new car.
So, if you are looking for programs for buying a home with bad credit, look no further than URB Chicago.
Benefits of buying an owner financed home through URB Chicago
Fast process: Since our low income, bad credit loans don’t require you to wait for a bank loan officer, underwriter, or legal department to process, and make a decision on your application, the process is smoother and much faster.
Cheap: Since URB Chicago doesn’t charge you bank fees or appraisal costs, and many of our homes are sold in as is condition, you pay less for your home.
Affordable payments: From the down payment which isn’t guided by government-required minimums to affordable monthly payments you can essentially buy a home for the affordable payment of a new car.
Bad credit, no credit, no problem: URB Chicago doesn’t pull a credit report so our seller-financed properties for sale are ideal programs for buying a home with bad credit and low income.
Do you have bad credit, but want to buy a home? Contact URB CHicago today, we have programs for buying a home with bad credit and low income. Call to speak with one of our knowledgeable English or Spanish-speaking real estate professionals.