The seller acts as the lender. Instead of a bank, you make monthly payments directly to the seller until the house is paid off.
A cash purchase is the most direct way to buy without a loan. You pay the full purchase price at closing using your own liquid funds. buying home without loan
Report: Buying a Home Without a Loan Purchasing a home without a traditional bank loan can be achieved through several methods, ranging from full cash purchases to creative owner-financing arrangements. 1. Cash Purchase (Outright Ownership) The seller acts as the lender