- Land loans can cover up to 70% of the appraised value or purchases price (whichever is less)
- Maximum 10-year term at a low fixed rate
- Current approved buildable lot with current approved utility and septic design at time of application. Must be in the state of New Hampshire or bordering towns in York County, Maine
Interest Rate | Points | APR* | Monthly Payment/$1,000 | ||
---|---|---|---|---|---|
Land Loan (20 Year Payment Calculation with your 10 Year Balloon) | 11.365% | 0.00 | 11.613% | $10.57 | Apply Now |
*APR equals Annual Percentage Rate
All Rates assume 70% financing with a 30% down payment.
NOTE: One point is equal to 1% of the amount financed.
NOTE: Must be a current approved buildable lot with current approved utility and septic design at time of application.