Lot Loan Prog. #1
4.875% on a 3/1 ARM (fixed 3 years)
5.271% 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
3.875% @ 1.5 points. 15 Year fixed fully amortized.
4.279% APR* Available in 26 states.
70% to $500,000, 60% to $750,000, 50% to $1,000,000. Refinances OK. Same pricing.
Lot Loan Program #3
4.875% @ 1 points on a 3/1 ARM (fixed 3 years), 30 year amortization, balloon payment in 6 years. NEW: Structures other than complete single family residence OK.
5.490% APR* 40 acres OK.
80% with 720 credit if the land or the lot has city water and sewer in the street, or well report and perc. test. 65% if raw land with no perc test or well report.
Middle credit score as low as 620, and 4+ years out of a BK, or Short Sale OK.
5.75% @ 2 points, 3/1 ARM (fixed 3 years), 15 year amortization.
6.289% APR (Annual Percentage Rate)
75% with no loan amount limit. Residential properties.
OTHER OPTIONS
CALL IF STRUCTURES ON THE PROPERTY
CALL IF RECENT BK, SHORT SALE OR FC FOR PRIVATE MONEY OPTIONS
CALL FOR BUILDER/DEVELOPER 50% DOWN ONE YEAR LAND ACQUISITION LOANS AT PRIME + 1%.
*APR (Annual Percentage Rate) based on $300,000 loan.