SIMPLE OWNER FINANCING
$300 Paperwork Fee |
$1000 Down Payment |
There are no credit checks or intrusive inquiries that you would get at a bank. We want to make your land purchase a simple and seamless process. Everything can be done via mail or email with our straightforward land contract. A nice packet with your contract, survey of the property, and monthly payment coupons will be promptly sent to you once the $300 paperwork fee and $1000 down payment are paid.
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The financing is designed to help anyone obtain their dream of owning property. It is for those with a small down payment or for those with a larger down payment and for those that have their own financing or a cash purchase.
All that is needed up front is $300 paperwork fee and the $1000 down payment. Monthly payments would then start about 30 days later. Your paperwork fee, down payment, and monthly payments can be paid via mail, PayPal, Venmo, Popmoney, or with a card through Square. |
Interest rate with just the $1000 down is 12% APR. There are no prepayment penalties and anything extra over the regular payment is applied to the principal.
All property purchases are done on a land contract with a deed free and clear provided at whenever the land is paid off. M-Land will finance any of its properties up to 30 years. |
Please feel free to call or email with any questions or to have any payment numbers run for you. Below is an example of the payment options on a 20 year term on a land purchase of $30,000.
- $1000 down - rate 12% APR - $319.31 monthly