We have Land Loans from 10% to 25% down. Most lenders that are still doing land loans require 30% to 35% down or more, have high rates and short term balloons.
Length of Term for Land Loans can be long term but usually have short term balloon payments (two or three years) which requires you to refinance the property if you have not started construction. We have loans that fully amortize (no prepayment penalty and no balloons) over 15-20 and 25 years depending on the property and future use.
Get Pre-Qualified We are happy to pre-qualify you for a land loan before you start shopping. That way you will know that you are in a comfort zone when you begin your search. And, once you find that perfect property we can furnish you a pre-qualification letter for presentation to the seller with your purchase offer!
Let's Get Started Today! Give Carol a call at 719-738-2367 or send an email to her using the contact form provided and Carol will promptly respond to your inquiry.
