They are simply servicing your loan for the institution that does own it.
The equivalent would be making thirteen mortgage payments a year instead of twelve.
A land contract can be helpful for those who need time to establish or improve their credit rating.
All a no-cost loan means is that there is no cost to you, the borrower.
With unparalleled industry knowledge, experience, and local expertise, I'm the Anchorage Alaska Real Estate expert you've been looking for. Whether you're buying or selling, I can help you get the best deal.
3030 Denali St. Suite 8
Anchorage, AK 99503
Message sent successfully!