Not everyone fits the one-size-fits-all model of getting a mortgage and staying in debt for decades—and that’s okay. Being turned down for a traditional loan doesn’t mean you have to give up on your dream of trading city noise for country serenity.
At Landstruck, we believe in doing things differently. Our transparent owner-financing model is designed to empower individuals, couples, and families who may not qualify for conventional financing. It’s a fresh, accessible way to claim your piece of rural land without the red tape of traditional loans.
Curious how this approach stacks up against traditional financing? In this guide, we’ll explore the unique benefits of owner financing and show you just how simple it can be to start building your legacy on your own land with us at Landstruck.
Buying rural land: Financial Myths
Many potential land owners give up on their dream of country living when their suit-wearing bank manager turns them down for a loan, thinking a mortgage is their only option. This couldn’t be further from the truth.
Myth #1 – You need a mortgage to buy rural land – this is untrue. Through our owner-financing model, not only can you buy land without a huge down payment, but your monthly costs can be just a few hundred dollars per month.
Myth #2 – You can’t buy rural land with poor credit – a poor credit rating may stop you from getting a mortgage, but it shouldn’t stop you from owning land. At Landstruck, we don’t even need to check your credit using our owner financing model.
Myth #3 – You need a lot of savings to buy land – nope! You can buy rural land with a down payment of as little as $1,000.
How our owner-financing model works
We make the process of buying your own patch of dirt through owner financing clear, flexible, and reliable. Unlike traditional mortgages, our contract-for-deed arrangement allows every couple, family, and individual to make manageable payments toward an investment in your future.
With our owner financing model, people who may not qualify for, or don’t want, a traditional mortgage, aren’t stopped from investing in their peace and their future. That’s real freedom! Whether you don’t trust big banks—or would prefer more manageable monthly payments, without huge interest hikes—there’s an alternative open to everyone.
By opening up this finance option to as many people as possible, we break down economic barriers, making the dream of land ownership possible for everyone who wants to start their journey toward off-grid living and self-sufficiency.
Our contract-for-deed process is as easy as 1,2,3:
Step 1: Choose your ideal tract from our inventory and we’ll give you a tour.
Step 2: You enter into a contract for deed through an easy e-signature process and begin making payments through our online payment portal.
Step 3: When you pay off your tract, we transfer the warranty deed to you, so you own 100% of the land.
Now, let’s just address the elephant in the room up front. Sometimes contract-for-deed processes get a bad rap—the idea that the seller is anxiously waiting in the wings to take back an owner’s land at the first opportunity when they fall behind on payments.
NOT the case with Landstruck.
At Landstruck, our guiding light is integrity and it shows in everything we do. We practice ethical and transparent owner financing and land sales without hidden costs, supporting customers with resources and guidance.
Repayments are simple:
- The interest rate is fixed – no shocks, you know where you stand with monthly repayments
- No prepayment penalties – you’re free to pay the land off early at any time
- There are no balloon payments – meaning no surprise payments at the end of your term
- Access your account online – to make repayments at any time and see your account history
Our flexible installment plans can also cover the costs for excavation and improvement services, to make the dream of land ownership and improvements achievable for everyone.
Landstruck owner financing benefits vs traditional banks
| Banks | Landstruck Owner Financing |
| Don’t like to lend money for buyers to purchase undeveloped rural land | Lending money to buy rural land is our bread and butter, and we can help you develop it |
| Charge sky-high interest rates | Charge more affordable fixed-interest rates |
| Demand near perfect credit | You can finance your land purchase with ‘poor’ credit |
| Require a considerable down payment | Low down payment from as little as $1,000 |
Plus, with traditional mortgages, banks can take back the land if you fall on hard times AND come after you for what you still owe them. They can even ‘write off’ the balance you haven’t repaid as a ‘gift’ to you.
This is less a gift and more a nasty surprise, as the bank classifies this amount as ‘income’ which you’d owe taxes on. Doesn’t seem right, does it?
Here’s the alternative: we do all we can to work with you to find a good faith solution where you can continue to own your land in tough times. We know how life-changing having the freedom to live, hunt and thrive on your own piece of land in this great country is. That’s why we made it our mission to support as many people as possible in escaping to the country and building a peaceful rural life off-grid.
So, if you ever stumble or need to walk away from your property, it’s not the end of the road. As long as you’ve left your account in good standing and follow our good neighbor policies, we hold a credit for you equal to the principal you paid down on the tract*. That way, when you get back on your feet, you can pick up where you left off on a new property.
Just like any good relationship, communication is key, just reach out to us to discuss how we can help.
*with some limitations, of course.
Making monthly payments couldn’t be simpler
Once you’ve made your down payment, you pay a manageable monthly payment for the length of your term- typically 20 years.
You can make a monthly payment by logging into your secure Landstruck account. When you pay online your account will be credited immediately, so you can see your remaining balance in real time. This is our preferred payment method.
On our website, you can also make a one time payment, make a down payment, pay the initial document fee and cover the costs of any property maintenance or excavation work we carry out using our ‘dozer.
Customer success story
Don’t just take our word for it, see what our happy customers have to say:
“One year ago, Lisa and Glen sold me a piece of the American dream. I was a first-time land owner and Lanstruck was there to help me the entire way.
Aside from answering all my questions they were quick to help find people in the community that could help as well.
I am a widow from up north and I have always felt 💯% comfortable with all my dealings with Landstruck.
I thoroughly recommend Landstruck, Lisa, and Glen if you are looking for any property in Tennessee. They are available after the sale and will always act with the utmost integrity. I am blessed to have had the chance to work with them.” – Lynda Adamson
Explore rural properties with owner-financing
Explore our available properties to find your dream tract.
If this guide inspires you to reach out to us for a conversation, we are a text, email or call away.
If you have any pressing questions or concerns feel free to book a consultation by getting in touch with our experienced and knowledgeable team to learn more about financing options.
We’re not just a bunch of salespeople in an office. We enjoy walking and seeing the land we have to offer to you to help you realise your dream.
Let’s figure out how we can help you put the home in homestead.
