Financing for Homebuyers
Flexible purchase money loans for your next home
More Than a Lender
With over half a century of experience in the hard money loan industry, Herzer Financial is dedicated to turning your homeownership dreams into a reality. We offer tailored purchase money loans, a variety of mortgage options, and unwavering customer support, making us a trusted partner for borrowers.
Benefits for Buyers
Benefits for Sellers
Land Contract: This offers flexible payment options and enables a seller to finance a buyer's real estate purchase, often involving the purchase of a house and its accompanying land.
Lease-Purchase Agreement: This allows potential buyers to test a property before committing to ownership, offering a low-risk path to homeownership. It's ideal for those uncertain about long-term commitments.
Lease-to-Own: This functions as a rental agreement and an option for the tenant to purchase the home, with a portion of the monthly rent contributing to the down payment.
Assuming Seller's Mortgage: This is advantageous for buyers when interest rates have increased since the home's purchase. FHA, USDA, and VA loans are typically assumable, as long as specific requirements are met. In most cases, conventional mortgages are not assumable.
Consultation and Assessment
Our team will schedule a consultation to discuss your financial situation and homeownership goals. During this meeting, our experts assess your needs and provide guidance on the best loan options for your circumstances.
Customized Loan Solutions
We work with you to tailor a purchase money loan that aligns with your financial situation and goals. Choose from various payment options, including interest-only, fixed-rate amortization, and balloon payments. We ensure the resulting loan package suits your preferences.
Efficient Application Process
Once we finalize your loan terms, our team guides you through a streamlined application process. We help you navigate the necessary paperwork, bringing you closer to your homeownership goals.
