If you owner finance can you still get full insurance? Or is renters insurance the only option?

Once you have entered the owner finance situation, you can reduce your insurance coverage to fire, theft and liability. The tenants should pay for renters insurance on their contents.

Even though we don't rent? So the owner financer is outta luck as far as getting home owners insurance correct? Would you happen to know if you owner finance with a contract for deed if our name should be on the deed as well?.

You will qualify for a HO-3 policy listing the financing owner as First Mortgagee.

Simple.

Type of financing is rarely an issue re insurance.