Lot Loans 

Make bigger dreams possible with the NET 3 & Net 5 Mortgage.
Interest-only payments, can help you close the gap between the home your
customers want and the homes they buy. The NET % Mortgage offers 3 or 5
years of low, fixed payments that translate into more buyers that qualify to buy homes.

The advantages are:

1. More home – borrowers may choose to buy more home making interest-only payments
2. Tax advantages – Interest-only payments may be entirely tax deductible.
3. Buy the best – Loan amounts up to $2 million.
4. Less upfront cash – Up to 95% LTV
5. Predictable payments – Fixed, interest-only payments during the first 3 or 5 years helps customers with financial planning
6.One Time Close Construction Loan
7. Finance the construction of your home, and then convert to permanent mortgage financing once your home is built…with only one closing.

Consider the benefits:

1. Saves you time and money – one application, one approval process
2. Interest only payments during construction, only on the amount advanced
3. The interest rate on your permanent loan is predetermined at closing – prior to the construction on your home. It allows you to build your home without worrying about rising rates.
4. Many options for your permanent mortgage loan – fixed or adjustable rate mortgages, and interest-only ARMs
5. Mortgage programs for primary and secondary residence
6. Maximum LTV 95% on owner occupied and 90% for secondary residences