How does owner financing affect your credit oppose to financing your home through a bank?

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I bought my house by financing through the owner (Owner financing) because my credit was not great. I have never had anything repossesed or any major credit problems. Yet my credit is not all that great. I am wondering if it has to do with not financing my house through a mortgage company.

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One Response to How does owner financing affect your credit oppose to financing your home through a bank?

  1. bud68 says:

    Chances are that private lenders do not report your loan and payment history to the credit bureaus.

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