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JT4SC

53 Posts

Posted - 06/11/2008 :  11:55:47 AM
Anyone still doing residential lot loans??
lukeallison

1409 Posts

Posted - 06/11/2008 :  11:59:52 AM
I can do that but only on our retail side. 80% LTV at a 680 credit score. Loan size up to 500k. If you need help getting it done so you can do future construction, let me know. 6.00% on a 20-yr am or 6.25% Interest Only. Both are 3 year balloons.
privatecash

1760 Posts

Posted - 06/11/2008 :  12:03:42 PM
Two of our private investors are still doing land loans up to 50% LTV in SoCal and select areas of NorCal. Rates in the 11's. Pricing varies with location. Email details for pricing.
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