If your needs don't fit within a framework of the more traditional loans, we have other options. For more information, call 520-751-7072.
5 yr. Balloon Land Loan
Best Choice If:This Land loan program allows for the purchase of a vacant lot with the intent to build a new single-family residence.
| Advantages:Only requires 25% down payment.
Available for residentially zoned vacant land with utilities to lot line.
| Disadvantages: Refinances of lot loans are not permitted
After 5 yrs. loan has a balloon payment of remaining balance.
| Sample Payment:"Monthly Mortgage Payment (P&I)" assumes a loan amount of $100,000 with a down payment of 25%.
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