Lot Loan Prog. #1
5.75% on a 3/1 ARM (fixed 3 years)

5.936% 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
6.125% @ 1 points.  15 Year fixed fully amortized.  NEW: 5 years out of BK, FC, Short Sale OK

6.377% APR*   Not available in all of California.  Call for current areas.

80% to $500,000   Refinances OK.

Lot Loan Program #3
5.125% @ 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.

5.440% 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.

Lot Loan Program #4

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 and no acreage limit.  Residentail 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.