Owner Financing Agreement Template

You can open the Owner Financing Agreement Template in multiple formats, including PDF, Word, and Google Docs.

Open Template

Sample

Owner Financing Agreement Template

Printable | Editable Form

PDF 1 PDF 2

Owner Financing Agreement Template (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Owner Financing Agreement is made effective as of [Effective Date] and outlines the terms and conditions under which the Seller agrees to finance the purchase of the real property located at [Property Address].
Clause 1: Terms of Sale
The total purchase price for the Property is [Total Amount]. The Buyer agrees to make a down payment of [Down Payment Amount].
Clause 2: Financing Details
The Seller agrees to finance the remaining balance of [Financed Amount] at an interest rate of [Interest Rate]% over a period of [Loan Term] years.
Clause 3: Payment Schedule
The Buyer will make monthly payments of [Monthly Payment Amount] starting on [First Payment Date] until the loan is paid in full.
Clause 4: Default Terms
In the event of default, the Seller reserves the right to pursue legal action and may retain the down payment as liquidated damages.
Clause 5: Closing and Possession
Closing will occur on or before [Closing Date], at which point the Buyer will take possession of the Property.
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Owner Financing Agreement Template (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Owner Financing Agreement, dated [Date], sets forth the terms of financing for the purchase of the property at [Property Address].
Clause 1: Price and Down Payment
The Buyer agrees to pay a total price of [Total Price], making an initial down payment of [Down Payment Amount] upon signing this agreement.
Clause 2: Loan Terms
The Seller will finance the balance of [Financed Amount] with an annual interest rate of [Interest Rate]% for a duration of [Loan Term] years.
Clause 3: Payment Schedule
Payments shall be made monthly, with the first payment commencing on [First Payment Date]. The monthly payment will be [Monthly Payment Amount].
Clause 4: Default and Remedies
If the Buyer defaults, the Seller may reclaim the property and keep all amounts paid as damages.
Clause 5: Governing Law
This agreement is governed by the laws of [State/Country]. Any disputes arising from this agreement will be resolved in the jurisdiction of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Template Online

Form

Please complete the form below to create the Owner Financing Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Owner Financing Agreement Template

1. Seller Information


2. Buyer Information


3. Property Information


4. Financing Terms



5. Payment Schedule

6. Default Conditions

7. Prepayment Options

8. Seller’s Disclosure

9. Signatures and Acceptance

10. Declaration and Signatures



PDF

WORD

Printable

Owner Financing Agreement Template

Printable | Editable Form

PDF 1 PDF 2

Owner Financing Agreement Template