In house lending is a type of seller financing in which a company or broker will help a customer obtain a loan at their place of business to purchase any product or services.
[1] In the real estate industry most home builders will use an in-house lender and often offer buyer incentives by processing the loan through their own mortgage company.
For some used car dealerships they will often resort to funding the transaction by using their own business capital and payment coupon booklet to help a buyer who may not qualify through a traditional bank or finance company.
In Trinidad and Tobago for instance there may be advertisements for in-house lending but what it amounts to is a sales agency for an established lender such as a commercial bank or credit union.
As a result, it is recommended that property buyers seek a seller that will issue a mortgage whilst still offering financing without the need for a financial intermediary.