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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
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