Writing Jump with Seller Finance


Description

In this lesson, I’ll show you how to write a Jumping Loan offer that includes seller financing — something you’ll use more and more as you find sellers with equity. We’ll walk through a real example where the seller gets cash at closing plus additional monthly payments, all while keeping a low fixed-rate loan in place. You’ll see how to calculate the total purchase price, structure the promissory note, and protect your deal by keeping lender details off the contract. You’ll also learn the importance of written verification, clean closings, and staying in control of communication with your title company.


Key Takeaways

  • Many sellers today have significant equity and low fixed-rate loans — these are perfect Jumping Loan opportunities.

  • Structure deals where the seller gets some cash up front and the rest in small monthly payments via seller financing.

  • Spell out the purchase price clearly (in words and numbers) and verify all loan details before writing.

  • Never include the lender’s name, loan number, or contact info in your contract — that’s a red flag to the bank.

  • Include specific closing details: date, time, location, and conditions (broom-clean, utilities on, buyer inspection).

  • The buyer pays the lender directly to bring the loan current — outside of closing.

  • Always use a P.O. Box or business mailing address, not your home address, on contracts.

  • All communication from the title company or attorney must go through you — not the seller.

  • Contracts are non-assignable — Jumping Loans are long-term buy-and-hold deals, not wholesale flips.


Action Steps / Exercises

  1. Practice Offer Writing: Take a sample property and fill out a Jumping Loan contract that includes a seller-financed portion.

  2. Promissory Note Drill: Write out terms for a $6,000 seller-financed balance at $60/month for 100 months.

  3. Verification Checklist: List the items you must verify before filling in your offer (loan balance, payment, rate, reinstatement amount).

  4. Closing Prep Exercise: Create a short checklist of what the seller must do before closing (broom clean, utilities on, remove debris).

  5. Communication Rule: Draft an email to your title company instructing them to communicate only with you — not the seller.