Lot Loan Prog. #1
7.5% on a 3/1 ARM (fixed 3 years)
7.875% APR*
1 point
80% to $300,000, 75% to $400,000, 70% to 500,000, 65% to $750,000. By exception above $750,000.
Lot Loan Program #2
7.50% @ 1.0 points. 15 Year fixed fully amortized.
7.723% APR* Available in 26 states. Up to 20 acres. City water, sewer, perc test, well report NOT REQUIRED
70% to $500,000, 60% to $750,000, 50% to $1,000,000. Refinances OK.
Lot Loan Program #3
9.125% @ 1 points on a 7/1 ARM (fixed 7 years), 30 year amortization. NEW: Structures other than complete single family residence OK.
9.377% APR* 50 acres OK.
65% with 680+ credit to a loan amount of $650,000. City water, sewer, perc test, well NOT REQUIRED.
7.75% @ 2 points, 3/1 ARM (fixed 3 years), 15 year amortization.
8.078% APR (Annual Percentage Rate)
75% with no loan amount limit. Residential properties. Zoning to 4 units OK.
OTHER OPTIONS
CALL IF STRUCTURES ON THE PROPERTY
CALL IF RECENT BK, SHORT SALE OR FC FOR PRIVATE MONEY OPTIONS
*APR (Annual Percentage Rate) based on $300,000 loan. Note that the APR is less than the note rate in most cases currently since most adjustable loans would adjust downward if adjusting today.