Seller Financing Regulations
Navigate the legal landscape of seller financing with our comprehensive guide to state usury laws, disclosure requirements, and IRS installment sale rules.
Regulations by Asset Category
Each asset category has specific federal and state regulations. Click to browse listings in that category.
States with Usury Limits
31 states have statutory limits on interest rates. Click a state to view full regulations.
Alabama
Max: 8%(business exempt)
Arkansas
Max: 17%(business exempt)
California
Max: 10%(business exempt)
Colorado
Max: 45%(business exempt)
Connecticut
Max: 12%(business exempt)
Florida
Max: 18%(business exempt)
Hawaii
Max: 12%(business exempt)
Illinois
Max: 9%(business exempt)
Kansas
Max: 15%(business exempt)
Louisiana
Max: 12%(business exempt)
Maryland
Max: 24%(business exempt)
Massachusetts
Max: 20%(business exempt)
Michigan
Max: 7%(business exempt)
Minnesota
Max: 8%(business exempt)
Montana
Max: 15%(business exempt)
Nebraska
Max: 16%(business exempt)
New Jersey
Max: 30%(business exempt)
New York
Max: 16%(business exempt)
North Carolina
Max: 8%(business exempt)
Ohio
Max: 8%(business exempt)
Oklahoma
Max: 10%(business exempt)
Oregon
Max: 12%(business exempt)
Pennsylvania
Max: 6%(business exempt)
Rhode Island
Max: 21%(business exempt)
South Carolina
Max: 8.75%(business exempt)
Texas
Max: 10%(business exempt)
Vermont
Max: 12%(business exempt)
Virginia
Max: 12%(business exempt)
Washington
Max: 12%(business exempt)
West Virginia
Max: 8%(business exempt)
Wisconsin
Max: 12%(business exempt)
States without Usury Limits
19 states have no general usury statute. Interest rates are determined by contract.
Legal Disclaimer
This information is provided for educational purposes only and does not constitute legal or tax advice. Regulations change frequently. Always verify current laws with a licensed attorney and consult a tax professional for specific IRS implications. Last updated: January 2026.