Creative real estate financing is a way of solving the money shortages of others by using other people's money in a real estate transaction. For more details, visit this explanation:

http://www.carletonsheets.com/creative-financing-articles/what-is-creative-real-estate-financing

Creative Financing would mostly be used by bankers or sales associates who are trying to get financing for an individual who would not be eligible for the more common forms of financing.

The best place to get advice on mortgage financing is your bank or the bank/institution you plan on financing your mortgage through. Be wary of creative financing. It may bite you in the butt later on down the road.

For smart consumers out there, financing auto loans is something to take seriously. You don't just have to use dealer financing or financing from a big bank. If you want to save money while financing auto loans, you will look to credit unions and small, local banks. These are financial institutions that work on a trust basis, so you will need to have a relationship with them to make it work. Their rates are often much lower than the big banks, though, so you will be saving money both on your monthly payment and on your long-term auto loan situation.

Government backed financing is financing that has the promise of the government standing behind it. It is different from private investor financing or bank backed financing.