Tennessee Land Loan — $299,400

$299,400

Loan Amount

60 Acres

Tennessee

45% Down

Borrower Equity

Tennessee

Property60 acres — Tennessee
Property Value$625,000
Loan Amount$299,400
Down Payment$250,000 (45%)
Loan-to-Value0.48
Interest Rate16%
Monthly Payment$3,992.00
Term24 months (interest-only)
Closing Speed7 days
AppraisalNot required

How This Loan Closed

A 60-acre property in Tennessee valued at $625,000. The borrower put down 45% ($250,000) and Damen Capital funded $299,400. The substantial down payment and low LTV of 0.48 reflect a well-capitalized borrower using our speed advantage to close quickly on a competitive deal.

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