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LOT / LAND LOAN

This program is designed for Borrowers in need of financing to purchase a residential lot or refinance an existing residential lot loan. Residential lots must be eligible for present or future new construction of a primary residence, second home, spec/model home or a 1 to 4 family residence. Construction financing is also available (click on the appropriate construction loan link for more information).

    The Normandy Advantage:
  • Fast pre-qualification, typically within 1 to 3 business days
  • Deal directly with the Loan Officer/Underwriter
  • Loans are available to Borrowers with excellent to less than perfect credit
  • No minimum acreage requirements or maximum limitations
  • Flexible underwriting
  • Interest reserves are typically not required
  • Residential zoned land (some exceptions for agriculturally zoned land)
  • Up to 5 year terms
  • Loan amounts up to 80% of the purchase price
  • Interest only payments may be available
  • Full income documentation, self-employed, limited income and stated income programs available
  • Loan amounts from $35,000 to $1,500,000

Loans available in the following states: AK, AL, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, MA, MD, ME, MI, MT, NC, NE, NH, NJ, NY, OK, OR, PA, RI, SC, TN, UT, VA, WA, WY

Call today @ (800) 390-7536 or click the "Contact Me" or "Pre-Qualify Now' button above.

The following link is for NON-BROKERS ONLY. Brokers should refer to Broker Center. Broker Agreements will not be honored by Normandy if Broker submits a Pre-Qualification using the consumer link above.

NORMANDY CORPORATION
Principal Business Address: 46 Prince Street, Rochester, New York 14607
585-256-2600 * 800-390-7536 * Fax: 585-256-2836
Email: info@normandy.com
Hours: Monday - Friday   9 am to 5 pm

 

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