How much money do you need to buy a home with owner financing? Learn what can affect your down payment and what to consider before entering an owner-financing agreement in South Carolina.

Introduction If you've been researching ways to buy a home, you've probably come across the term owner financing. But what does it actually mean, and how does it work? For many buyers in South Carolina, owner financing can provide another path to homeownership when a traditional bank mortgage isn't the best fit. Here's what you need to know. What Is Owner Financing? Owner financing is an alternative way to purchase a home without relying solely on a traditional bank mortgage.