Lot Loan in Texas

Special Lot Loan Promotion

8.24% Fixed for 5 Years

or

4.75% Interest Only for 1 Year

 

There is no reason to pay high bank rates.

Texas Residential Property Only

Purchase or Refinance

Purchase the Land now and wait up to 5 years to build.

* 12 Month Interest Only at Prime plus 1.5% up to $300K.

Current rate will be 4.75% Interest Only

Equifax Credit Score Must be 700+

DTI must be under 40%

Full Documentation Loan

or

$5,000 - $300,000 <= 75% is 8.24% Fixed 15 Yr./5 Yr.

$300,000 - $500,000 <= 70% is 8.24% Fixed 15 Yr./5 Yr.

$500,001 and up <= 60% is 8.24% Fixed 15 Yr./5 Yr. 

 

Other Standard Lot Loans

30 Year Amortization / 5 Year Balloon

 75% LTV Maximum property value $300,000 9.4% fixed

70% LTV Maximum property value $500,000 9.4% fixed

60% LTV  property value over $500,000 9.4% fixed

  

Call Me Today !!  (800) 655-8279

Items Needed to do this Full Documentation Loan