Indiana Land Loan — $224,400

$224,400

Loan Amount

20 Acres

Indiana

29% Down

Borrower Equity

Deal Structure

Indiana

Property20 acres — Indiana

Property Value$350,000

Loan Amount$224,400

Down Payment$94,000 (29%)

Loan-to-Value0.64

Interest Rate16%

Monthly Payment$2,992.00

Term24 months (interest-only)

Closing Speed7 days

AppraisalNot required

The Deal

How This Loan Closed

A 20-acre property in Indiana valued at $350,000. The borrower put down 29% and Damen Capital funded $224,400. This was our first loan in Indiana — proof that our nationwide program works in any state we serve.

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