Consumer - Residential Lot Land PURCHASE Loans Land purchase financing for the purchase of ONE California residential lot land parcel, per applicant, for future construction of an owner-occupied, primary or second home SFR residence. See our land loan restrictions. A one-tenth-acre to 5. 00-acre parcel is the primary acceptable parcel size with the lowest down payment requirement, depending on the availability of certain utilities at the site as well as qualified credit score of the applicant(s); A 5.
01 - 10-acre lot qualifies for this program without the need of a special exception by the lender. A 10.
This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender.
In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lenders rates and fees jadual personal loan bank islam be higher than state-licensed lenders.
Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.
The purpose of shorter duration loans is to provide the borrower temporary financial relief.
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