- 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
| Interest Rate | Points | APR* | |
|---|---|---|---|
| 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.
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