Lots for $10,000 and lower
30% down payment
Balance financed for 3 Years at 10.0% interest
Lots greater than $10,000
25% down payment
Balance financed for 4 Years at 10.0% interest
This is a fully amortized loan (loan balance is $0 at the end of 4 years). Interest is calculated on the unpaid balance monthly.
You can pay-off the loan at any time with no pre-payment penalty. The loan is due on re-sale of the property. It is not assumable by a subsequent buyer. Contact us for more information about financing if you have questions.