Buy a House From Us in Minnesota | Contract for Deed Homes
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Contract for Deed Home Buying Options

Buy a House From Minnesota Home Guys

Looking for a path to homeownership without traditional bank financing? Minnesota Home Guys may be able to help you buy a home through a contract for deed.

Enter a home value, review the estimated 10% down payment, and see what the estimated monthly PITI payment could look like.

Estimate Your Payment How It Works

Buyer Financing Terms

Contract for Deed Basics

Required Down

10%

Interest Rate

8%

Payment Term

30 Year

Balloon Due

3 Years

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Minnesota Home Guys acts as the financing source instead of a traditional bank.

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Buyer should plan to refinance or pay off the balance before the 3 year balloon.

Start With a Simple Payment Estimate

Use the calculator below to estimate your required down payment and monthly PITI payment. Then send your information to see whether this program could be a fit.

Payment Calculator

Enter a Home Value

Type in a home price or choose one of the common examples below.

$

Required Down Payment

$37,900

Estimated Monthly PITI

$3,020

Important: Contract for deed loans balloon in 3 years. That means you will need to either pay off the balance or refinance after the first three years.

Next Step

See If This Program Could Work For You

Tell us a little about yourself and the type of home you are looking for. Your calculator estimate will be included with your message.

    How It Works

    How Buying Through a Contract for Deed Works

    This option is designed for buyers who want to purchase a home but may not qualify through a traditional bank today. Instead of waiting years to become mortgage-ready, you may be able to move forward with a direct agreement through Minnesota Home Guys.

    Choose a Home Value

    Start by entering the home price range that fits your goals and your budget.

    Plan for 10% Down

    The calculator shows the estimated down payment required based on the home value.

    Prepare for the Balloon

    The agreement has a 3 year balloon, so you will need a plan to refinance or pay off the balance.

    Minnesota Home Guys essentially acts as the bank, which means you make payments through the terms of your agreement while preparing for a refinance or payoff before the balloon date.

    Who It May Help

    Who This May Be a Fit For

    A contract for deed can be helpful for buyers who are ready to own a home but need a different path than a conventional mortgage. This may include people who are self-employed, rebuilding credit, between financing options, or trying to move into a home sooner while preparing for a future refinance.

    Minnesota Home Guys will review your information and help you understand whether this type of purchase option makes sense for your situation.

    What to Know Before You Start

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    The down payment estimate is based on 10% of the home value.

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    The example terms use an 8% interest rate and a 30 year term.

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    The loan balloons in 3 years, so a refinance or payoff plan is important.

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