90% Lot loans available
Lot loan rates
Interest only or amortizing (25 year amortization) with
balloon payment due in 3 or 5 years
680 minimum credit score
Lot must be buildable
For future primary residence or second home
Size limited to that which is customary for the area
Not available for mobile home lots
Refinance of existing mortgage ok but not with cash back to borrower
Program available in Alabama,
Arizona, California, Colorado, Connecticut, Delaware, District of
Columbia, Florida, Georgia, Illinois, Kansas, Maryland, Mississippi, New
Jersey, Nevada, New York, North Carolina, Pennsylvania, South Carolina,
Tennessee, Texas and Virginia.