It may come as a surprise to many that 10 percent of home sales in the U.S. involve some form of "owner-carry loan." This term, also called seller financing or owner financing, refers to the notion of a buyer of a property directly paying the seller some or all of the purchase price over time. In this case, the seller actually holds the lien on the property, acting as the bank, and the transaction is done as a private mortgage.

Get an Expert in Your Corner
If you find yourself in a situation where an owner-carry loan appears to be your best option—as either the buyer or seller—you will need the services of an escrow agent to service the loan and to let you know of all your options. At Bankers Escrow Corporation, we're well versed in owner-carry loans and offer a wide range of custom solutions for any scenario. From variable interest rates and payment amounts, to providing investor reports on multiple accounts, we at Bankers Escrow Corporation are committed to loan servicing that works for you.

Our expert staff at Bankers Escrow Corporation is made up of CPAs, attorneys, exchange specialists, and escrow officers, which allows us to offer our clients the very best in loan servicing. We provide our owner-carry loan clients with all the tools they need. From payment coupons, to pay-off statements, to tax interest forms, to automated collection, we make it easy for clients to realize their real estate dreams.

If you're ready to get started with an owner-carry loan, or you just have some initial questions, feel free to contact us. Our experts are available by phone at 800.571.6595 and by email at request@bankersescrow.com. We know the importance of your transaction, and it's our job to help.