Lot Loan Prog. #1
7.75% on a 3/1 ARM (fixed 3 years)
8.123% APR* @ 1 POINT
Requires city water and sewer, but this is the only 80% program.
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
6.875% @ 1.0 points. 15 Year fixed fully amortized.
7.193% APR* Available in 26 states. Up to 20 acres. City water, sewer, perc test, well report NOT REQUIRED
70% to $750,000 loan amount. CASHOUT REFINANCES NOW OK!!!! FIRST TIME SINCE 2007.
Lot Loan Program #3
NOT CURRENTLY AVAILABLE
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.