Bank and lender financing options

1) Flag Lots (secluded & private lots that are off the main road, but have a owned 20’ strip to the main portion of the lot) -0-% down payment, 30 year term, 12% apr.                                           No pre-payment penalty.

2) Front Lots (directly on road front) 10% down payment, 30 year term, 12% APR

* Payments do not include mandatory escrow for property taxes and loan servicing fees. 

* All Seller financed loans require mandatory third party loan origination. Estimated expenses in addition to the property down payment can range from $2,500 to $3,200 depending on lot price, size and location. 

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