Private Money

Loan Options

We have two options for in-house financing.  Each of these options require a loan application, credit report, and a few conditions may be added.  Please contact your sales associate to become prequalified.

Each loan requires a minimum 10% down payment.  Terms include a balloon payment 6 months after purchase.  Please ask your sales associate any additional questions you may have.

Our loan options:

• Loan A: 1% Origination Fee, 18% Interest Only, Loan Balance due in 6 Months
• Loan B: 2% Origination Fee, 14% Interest Only, Loan Balance due in 6 Months

        ** Plus $850.00 DOC FEE (Covers Legal & Credit Charges To Prepare and Underwrite the Loan)

Conventional Financing: We now allow our clients to buy our inventory using Conventional and Institutional loans. We still require a minimum 10% down payment, the buyer must pay a cost of money at 18% interest on balance of purchase price from date of contract until closing, and is normally given 2-3 weeks to close the transaction. To get prequalified visit one of our preferred lenders.