Rent to Own Columbus OH House in 43224

Columbus OH house for Sale located at 4175 Arbury LN

Is being sold with Owner Financing. No banks to qualify with!

call us at 614-526-5610 or Click Here 

Virtual Tour of Property Click Here

The rent to own Columbus OH house in 43224 is for sale, with 94.80 monthly payments of $1000.00. The interest rate will be 8.0% with a total pay off amount of $$94,600.00. There is a required initial investment of 5% to 10%  of the purchase price. The rent to own Columbus OH house was just remodeled and is ready to move into ASAP.

To get more information on the Hyde Park Plat 2 neighborhood Click Here

 

The Loan Program

Seller financing on this rent to own Columbus OH house– The How To’s

The loan program or seller financing, that CORI LLC offers on all owner financed homes for sale is when CORI LLC takes on the role of the lender or bank. Instead of you having to come up with the purchase price before moving into the house, CORI LLC extends you enough credit for the purchase price of the rent to own Columbus OH house, minus any down payment. You will sign a promissory note (which contains the terms of the loan) and a mortgage ( which secures the note). The title company will record the mortgage with the local public records authority. Then you will pay back the loan over time, with interest; just like you would with a traditional bank loan or any lender that does loans on  Columbus OH homes.  

These loans are amortized over 30 years with a payment that fits your budget.  CORI LLC works with a licensed, bonded, insured broker that has a private consultation with every buyer. This insures you are getting the right owner financed home in Ohio and quality service.

Just like a bank or any traditional lender CORI LLC will underwrite the loan on all lease purchase Columbus Ohio homes for sale. Although the guidelines are not as strict the OH mortgage broker will need proper documentation. This will include a credit check by all 3 major Bureau’s  ( Experian,  Equifax, and TransUnion ) 2 years tax returns, 3 months bank statements, and 2 months worth of pay stubs.

CORI LLC’s goal is to provide you with a

  • Faster closing – no waiting for the bank loan officer, underwriter and legal department to process and approve the application.
  • Cheaper closing – no bank fees or appraisal costs.
  • Good option for when banks say NO to a mortgage.

To set up a private consultation on 4175 Arbury Ln Columbus OH; this rent to own Columbus OH House, or to get your questions answered please

Call us at 614-526-5610 or

 

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