Mississippi Land Loan — $263,400

$263,400

Loan Amount

95 Acres

Mississippi

20% Down

Borrower Equity

Mississippi

Property95 acres — Mississippi
Property Value$375,000
Loan Amount$263,400
Down Payment$66,000 (20%)
Loan-to-Value0.70
Interest Rate16%
Monthly Payment$3,512.00
Term24 months (interest-only)
Closing Speed7 days
AppraisalNot required

How This Loan Closed

A 95-acre property in Mississippi valued at $375,000. Standard 20% down with Damen Capital funding $263,400. At 0.70 LTV, this was at the higher end of our lending range, but the property's strong value and the borrower's clear exit strategy made it a deal we were comfortable with.

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