A purchase money mortgage works by having the seller act as the lender, setting the down payment and interest rate for the sale of a home. The buyer will make monthly payments to the seller.

Discover what a money order is in 2025 and where to buy one. We'll also dive into when to use a money order or when to explore alternative options.

You can also purchase money orders from convenience stores like 7-Eleven, pharmacies like CVS, retailers like Walmart and payday loan stores. Cashier's Check vs. Money Order.