When you see the potential in a piece of property, take the necessary steps to make it yours. Fixed-rate and adjustable-rate loans are available to accommodate your short-term and long-term goals. Lending experts are prepared to discuss options and plans to help you prepare for your land purchase.
Type | Points | Term | Rate | APR | Index | CAP | Margin |
---|---|---|---|---|---|---|---|
Buildable Land Requires 20% Down Payment | 0 Points | 3/1 MAX 15- YR Amortization | 8.500% | 10.712% | 1 YR Treasury | 2/6 | + 5.500% |
Raw Land Requires 30% Down Payment | 0 Points | 3/1 MAX 10- YR Amortization | 10.500% | 11.861% | 1 YR Treasury | 2/6 | + 6.500% |
APR: Annual Percentage Rate is based on a $150,000.00 loan amount; 15 YR amortization.
Rates are subject to increase after consummation/first adjustment.
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