- 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
- Land must be buildable lot. Must be in the state of New Hampshire or bordering towns in York County, Maine
|Land Loan (20 Year Payment Calculation with your 10 Year Balloon)||6.990%||1.00||7.321%|
*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 vacant buildable lot.