2 photos
$360,125
1501 Magdalena Dr
Lemont, IL 60439
Margret Borczyk, Arc Red Inc Arc Realty Group · (708) 715-2423
What the listing says
OWNER FINANCING AVAILABLE
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Land
HOA
None
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Questions about owner financing in Lemont
What is owner financing for 1501 Magdalena Dr?
Owner financing means the seller of 1501 Magdalena Dr acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Lemont, IL home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Lemont home?
There is no standard down payment. The seller of this Lemont home sets their own, and it is negotiable. Ask the seller or their agent.