3BR/2.5BA Owner Finance Home in New Orleans, LA | $332,000

2313 Seminole Pl, New Orleans, LA 70125

Purchase price: $332,000

3 bed / 2.5 bath · 1,620 sqft · built 2022

$30,000 down · $2,900/mo · 5% fixed rate

What's special

About this home

Two-story 3-bedroom, 2.5-bath home in the heart of New Orleans, built in 2022 with 1,620 sq ft, an attached garage and a fenced yard. Open living area with plenty of natural light, a kitchen with ample cabinet and counter space and stainless appliances, generously sized bedrooms with a Jack-and-Jill bath, and a mud room off the garage entry. Walk to Taylor Playground, steps from the Krewe of Orpheus den. We are offering this home on owner financing with $30,000 down and $2,900 a month at 5% interest. No bank approval, no credit check, no 30-day underwriting. Two payment options available; use the slider on this page to find what works for you. Contact us to schedule a tour.

Status: Available

Terms on this home

How much is the down payment on this home?

$30,000. The down payment goes into a home you own: the deed is recorded in your name at closing, through a title company. If that feels like a stretch, tell our team what you have, because the down payment and the monthly payment move together.

What is the monthly payment?

$2,900 a month. A third-party company services the loan and documents every payment. A larger down payment lowers the monthly payment.

Is the interest rate fixed?

Yes. The rate on this home is 5%, fixed for the life of the agreement, and it is the same whatever your credit looks like.

Do I own the home at closing?

Yes. The deed is recorded in your name at closing, through a title company. This is not rent to own: there is no renting first and no option to exercise later. Close in as little as 14 days.

Is there a credit check to buy this home in New Orleans, LA?

No. No credit check, no bank and no mortgage application. Approval comes down to the down payment and steady income, and our team does a basic verification of what you earn.

Does no credit check really mean no credit check?

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