VACATION FINANCE Announces Spec and Lot Loans up to 90% LTV

The media is filled with articles about the housing market slowing, bubbles bursting, and a glut of new construction. Further articles bemoan rising interest rates and tightening of loan criteria. We simply don’t see it. We consider this ‘adjustment’ a ‘reversion to the mean.’ Sure the market has slowed, but the last 5 years have been record setting year-after-year. With a historical view, we remain confident that there are great loans to be made in this market, with strong borrowers and fantastic projects to be financed.
 

This is why we have increased our Lot Loan and Spec Construction Loan program criteria to 90% Loan-to-Value. 10% down payment will help buyers purchase a resort lot parcel for future or concurrent second home construction. Our Spec Loan product will help developers show their vision in resort communities. If you know a developer or would-be property owner, they need to know about our loan programs. Financing sells real estate

Land: They Ain’t makin’ More of it
 

Vacation Finance will finance up to 50 acres on our new residential vacant land loan program, especially if for future second or primary home purchase. We can further work with our clients to provide construction financing and creative end mortgage terms.
 

Our 40-year, 1% start rate, Option ARM program allows you to borrow $500,000 for a minimum payment of just $1250/mo. Our Flex ARM provides a 5-10-year fixed rate, plus monthly payments that can be half of a normal 30 year mortgage. We see opportunity in this market. 

Learn more…

About VACATION FINANCE
 

America’s First Second-Home Lender, offers a full line of residential and commercial loan programs to the vacation and resort property industry. Including condo hotel, fractional, timeshare receivables, land loans, mezzanine, and cottage financing. 

Website: http://www.vacation-finance.com