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Hutchinson, KS News

Hutchinson News
Local news for Hutchinson, KS continually updated from thousands of sources on the web.
  • Armenian Bar, Trayvon Details, Virginia, Mary Kennedy

    Underwear designer Andrew Christian has a potentially NSFW video to sell his wares, though I guarantee you'll be looking at more than just undies.

  • New Charges Against Hutchinson Homicide Suspect

    A judge on Tuesday granted a request by the Reno County district attorney to file a new charge of aggravated intimidation against Charles Christopher Logsdon.

  • New charges against Hutchinson homicide suspect

    HUTCHINSON, Kan. - Prosecutors have added another charge against a 32-year-old man accused of killing a Hutchinson woman in June 2011.

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  • Taft-signed bill raises pensions for US soldiers

    Inappropriate comments include those which: * are libelous or defamatory * are obscene, pornographic or sexually explicit; substituting characters for letters is not acceptable * degrade others on basis of race, gender, class, ethnicity, national origin, religion, sexual orientation, disability or other classification * are predatory, hateful or ... (more)

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Hutchinson Real Estate
Office: 800-339-8841
Cell: 800-339-8841
how rates are set for seller financing PDF Print E-mail

How are the rates set for seller financing?

The interest rate on an owner-carried loan is negotiable. Ask your Hutchinson Kansas agent to check with a lender or mortgage broker to determine the current rate on institutional first (or second) loans.
Seller financing typically costs less than conventional financing because sellers don't charge loan fees (points). Interest rates on an owner-carried loan will also be influenced by current Treasury bill and certificate of deposit rates. Sellers usually aren't willing to carry a loan for a lower return than they would earn if their money was invested elsewhere.
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Last Updated ( Thursday, 04 September 2008 )
 
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