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Financing: List

FINANCING YOUR LAND

Finance Your Land and/or Home Construction

Below is a list of mortgage companies and financers who we've worked with before. You are welcome to use a company of your choice, this is just a recommended list of proven lenders who have helped us and customers in the past:

Financing: Services

OWNER FINANCING

Additionally, owner financing is offered, with 25% down, a 7% annual interest rate, on a 10 year term. With a purchase price of $99,950, these terms would make the payment $870.38. 

The title company will draw up the owner finance documents at the closing. Once the down payment is made at the title company, the note will be sent to a third party servicer for you to make payments to. A one time set up fee of $100 is required, and a $18.50 monthly servicing fee, making the total payment (in the above example) $888.88 per month for 120 months.

There is no prepayment penalty with these owner finance notes. If you plan on building on your tract of land soon after purchase (while using owner financing), you should check with a lender to see how to proceed if you are also planning on financing the construction.

Requirements for Owner Financing: A background check with no prior bankruptcies, foreclosures, or active litigations.

If you'd like to explore owner financing options, you can give us a call or text at (806) 853-SELL (7355)

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Financing: List

FINANCE OPTIONS:

BUY NOW, BUILD LATER

There's no required time to build your dream home. You have the option to buy and secure your preferred tract of land now and build later on it.

USE THE LOT AS EQUITY

There are options to purchase your land now with cash, then use that equity as a down payment for a construction loan. Contact Us to get more details and local finance recommendations.

LOT & CONSTRUCTION LOANS

There are even options to have both construction home loans and land loans packaged together. For more details or mortgage recommendations, Contact Us.

GET IN CONTACT WITH US

If you have questions about financing your tract of land or construction loans, fill out the form below and we'll reach out to you and answer any questions you may have.

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Financing: Sales Lead
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