Michigan Land Loan — $254,400

$254,400

Loan Amount

40 Acres

Michigan

20% Down

Borrower Equity

Deal Structure

Michigan

Property40 acres — Michigan

Property Value$750,000

Loan Amount$254,400

Down Payment$65,000 (20%)

Loan-to-Value0.34

Interest Rate16%

Monthly Payment$3,392.00

Term24 months (interest-only)

Closing Speed7 days

AppraisalNot required

The Deal

How This Loan Closed

A 40-acre property in Michigan valued at $750,000. With only 20% down and a property value more than 3x the loan amount, the LTV of 0.34 gave the borrower significant equity protection. Closed in 7 days.

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