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Author Topic: Is there any 100% financing on land ? Arizona  (Read 3123 times)

Offline gmilan

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Is there any 100% financing on land ? Arizona
« on: September 11, 2006, 12:01:29 pm »
Is there any 100 % financing on land? It is a piece of land in Arizona.

Thanks.....

Offline Mortgage Mark

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Re:Is there any 100% financing on land ? Arizona
« Reply #1 on: September 11, 2006, 12:54:11 pm »
No, you're looking at 75-85% depending on factors

stated or full doc
fico score
type of land (bare or lot)
etc.
Mark Forsyth
Sterling Mortgage Group
[email protected]
916-760-8834

Offline christopher w

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Re:Is there any 100% financing on land ? Arizona
« Reply #2 on: September 11, 2006, 01:02:41 pm »
Wachovia does a 100% lot loan here in Texas. Only for individual lots though, and raw land is not allowed. Bank of America has a full doc 90% interest only lot loan with a 720 or 80% LTV with a 680. Hope this helps.
Christopher W
C-214.923.5781

Offline christopher w

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Re:Is there any 100% financing on land ? Arizona
« Reply #3 on: September 11, 2006, 01:35:00 pm »
Those products are retail only. You would have to go into a bank branch to get those loans. They are not available to brokers.
Christopher W
C-214.923.5781

Offline gmilan

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Re:Is there any 100% financing on land ? Arizona
« Reply #4 on: September 11, 2006, 02:10:25 pm »
THANKS EVERYONE !!!


 




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