Finance Your Home with SWE Homes
Our goal is to make property ownership more accessible by offering homes, land, and commercial properties with in-house financing—focused on your ability to pay, not your credit history. We’re committed to helping families and businesses build stability and long-term wealth while strengthening the communities we serve.
With owner financing, you buy directly from SWE Homes—no banks or traditional mortgage lenders involved.
Owner Financing Made Simple
Our in-house financing program is designed to help buyers from a variety of financial backgrounds secure the property they need. Unlike traditional lenders, we don’t base our decisions on credit scores. Instead, we focus on your ability to pay—making the path to ownership faster and more accessible. In many cases, you can take possession of your property in as little as 14 days.
How to qualify for Owner Financing:
Owner financing is available for many of our residential properties, including homes and townhomes. To get started, a down payment is required. Qualification is based on your ability to make consistent payments—not your credit score.
How do you determine my credit worthiness?
- To qualify to buy one of our residential properties, you must provide us with:
- Proof of 12 consecutive months of rental payment history
- Evidence that your monthly debt, including the monthly payment of the home, isn't more than 43% of your PRETAX income.
Your monthly debt calculation may include:
- Monthly payments on your other debts (e.g., car payment)
- Monthly payments on other mortgage-related costs (e.g., home insurance and property taxes)
- Any commitments for child support or alimony.
How do you determine my credit worthiness?
- We do not require a credit score; however, we will obtain your credit report and will verify the following information:
- Last 2 years of employment
- 30 days of payroll checks
- Income tax returns for the most recent 2 years
- W2s or 1099s for the most recent 2 years
- Last 3 months’ worth of bank statements
- Last year of rental history (Ex: lease agreement, canceled checks, and receipts)
- Utility bills (EX: gas, light, or water)
Can I qualify if I have filed for bankruptcy before?
- If you or any of the borrowers have filed bankruptcy, you may be required to put a larger down payment. If you currently have an active bankruptcy, you may not be eligible for our owner financing program.
Your Monthly Mortgage Payment
Additional Fees
There are no closing costs for Texas properties. In addition to your down payment, we are required to collect the following charges at closing:
- $99 to record the deed in the buyer(s) name
- 1st year of prepaid insurance
- Two (2) Months property tax escrow
- Two (2) months insurance escrow
- Prorated interest
Required costs are as follow:
- 1st year of prepaid insurance
- Four months property tax escrow
- Two months insurance escrow
- Prorated interest
- Attorney fee (tbd)
- Transfer tax/recordation (tbd)
- Title Policy (Optional)
(for homestead / owner occupants, please call a sales specialist for details)
* All prices and information are subject to change without notice
The Layaway Program
At SWE Homes, we go beyond offering owner financing—we also make it easier to secure your future property. Our Layaway Program allows you to reserve a home, commercial property, or land with a portion of the down payment while giving you additional time to complete it.
Our Layaway Program is available for residential, commercial, and land properties, with no application fees and a simple qualification process.
How does the program work?
- Pay 35% of the required down-payment of the home you want
- Make weekly payments for the balance of the down-payment over a six-week period
- A minimum payment of $275.00 / week is required
Common Questions
There are no closings costs for Texas properties. In addition to your down payment, we are required to collect the following charges at closing:
- $99 to record the deed in the buyer(s) name
- 1st year of prepaid insurance
- Two months property tax escrow
- Two months insurance escrow
- Prorated insurance
* All prices and information are subject to change without notice
Required costs are as follow:
- 1st year of prepaid insurance
- Four months property tax escrow
- Two months insurance escrow
- Prorated interest
- Attorney fee (tbd)
- Transfer tax/recordation (tbd)
- Title Policy (Optional)
(for homestead / owner occupants, please call a sales specialist for details)
* All prices and information are subject to change without notice
We do NOT require a credit score; however, we will obtain your credit report and will verify the following information:
- Last two years of employment
- 30 days of payroll checks
- Most recent two years income tax returns
- Most recent two years of W2 or 1099's
- Last three months of bank statements
- Last year of rental history (lease agreement, canceled checks, and receipts)
- Utility bills (gas, light, or water)
Owner financing* is available for our lots and commercial properties.
All you need is a job
To qualify to buy a commercial property or land, you must provide us with evidence of 12 consecutive months of rental payments and have a job that pays you 4 times more than the monthly payment for the property that you have selected to purchase. A down payment is required for our owner financing program.
Bankruptcy
If you or any of the borrowers have filed bankruptcy, you may be required to put a larger down payment. If you currently have an active bankruptcy, you may not be eligible for our owner financing program.
No Credit OK
No credit ok; however, we will verify the applicant(s) information:
- Last years of employment
- Last 2 months of pay stubs
- Last year of rental history (lease agreement, canceled checks, and receipts)
- Utility bills (gas, light, or water)
We qualify applicants based on their monthly income. The monthly payment must be less than or equal to 1/4 of your monthly income. The total monthly payment on the mortgage will have to be pre-determined at the time of the pre-qualification and will include:
- Principal
- Interest
- Escrow amounts for taxes and insurance.
- Loan servicing fee
No Closing Costs in Texas
There are no closing costs; however, we are required to collect the following charges at closing:
- *$198 to record the deed in the buyer(s) name. Subject to change.
- 1st year of prepaid insurance
- Two months property tax escrow
- Two months insurance escrow
- Prorated interest
Closing Costs in Georgia for investors
Required costs are as follow:
- 1st year of prepaid insurance
- Four months property tax escrow
- Two months insurance escrow
- Prorated interest
- Attorney fee (tbd)
- Transfer tax/recordation (tbd)
- Title Policy (Optional)
(for homestead /owner-occupants, please call a sales specialist for details)
* All prices and information are subject to change without notice
For Commercial, Investment, and any property that is not the buyer's residence and will not be the buyer's homestead, a 3 year/10% prepayment penalty will apply.
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