Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

You don’t have to throw away your dreams of owning a home if you don’t meet a lender’s strict requirements. The alternative option, owner financing, allows the seller of the home to act as a lender.

Owner financing or seller financing refers to an arrangement where the seller or property owner offers to finance the buyer. The seller credits the buyer enough money to cover the price of the home, ...

Traditionally, conventional real estate transactions are handled through a mortgage lender, in which the bank finances the purchase. One option that may be available for some buyers, though, is seller ...

A promissory note is a mortgage document promising to pay back a lender under certain terms. The note includes information such as how much you're borrowing and the mortgage interest rate. The lender ...