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Seller Financing in Canada. On the other side of the equation, if you're having a hard time finding the financing that you need for your home purchase, pursuing a home that offers owner financing is one way to avoid having to stay in that same rent cycle year after year.

Owner financing?also known as seller financing?lets buyers pay for a new home without relying on a traditional mortgage. Instead, the homeowner (seller) finances the purchase, often at an interest rate higher than current mortgage rates and with a balloon payment due after at least five years.

Owner financing is another name for seller financing. It is also called a purchase-money mortgage.

Vendor financing is a financial term that describes the lending of money by a vendor to a customer who uses that capital to purchase that specific vendor's product or service offerings. Sometimes called "trade credit," vendor financing usually takes the form of deferred loans from the vendor.

Protect a document with a password Go to File > Info > Protect Document > Encrypt with Password. Type a password, then type it again to confirm it. Save the file to make sure the password takes effect.

If the "Restrict Editing" pane doesn't appear, click on the "Review" tab, followed by "Protect" and "Restrict Editing." Read the "Restrict Editing" pane to find out whether you have full, partial or no permissions to edit the document.