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re: Lot advice

Posted on 4/13/14 at 8:30 pm to
Posted by daviddsims
West Monroe
Member since Dec 2008
587 posts
Posted on 4/13/14 at 8:30 pm to
quote:

We financed a lot about 5 years ago. Had to put down 20% of the cost of the lot. If you have 20% it probably won't be hard to get the financing done.


What length loan did they offer you? Did you roll into into construction when you were ready to build?
Posted by daviddsims
West Monroe
Member since Dec 2008
587 posts
Posted on 4/16/14 at 8:19 pm to
Went through Credit Union today and got approved with a 5.5 interest rate. Much easier than I thought it would be.
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