Florida Land Loan — $199,400

$199,400

Loan Amount

15 Acres

Florida

33% Down

Borrower Equity

Deal Structure

Florida

Property15 acres — Florida

Property Value$300,000

Loan Amount$199,400

Down Payment$100,000 (33%)

Loan-to-Value0.66

Interest Rate14%

Monthly Payment$2,326.33

Term24 months (interest-only)

Closing Speed7 days

AppraisalNot required

The Deal

How This Loan Closed

A 15-acre property in Florida valued at $300,000. The borrower put down 33% and qualified for our 14% rate (loans over $100K). This Florida deal demonstrates our competitive rates for larger loans with strong equity positions.

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