If you have $6,000.00 or more in the form of a cash down payment, then financing is sometimes available. Our sellers
and JOCO Insurance Inc. Real Estate office at times will lend the money to purchase a Lake Adventure property listed
and sold through our office, depending on the seller's inclination to hold a mortgage.
Terms are generally
1. Interest rates from 9% or 10%.
2. Loan terms from 2 to 5 years.
Monthly payments from $250.00 per month.
4. Home owner's insurance is required with the lender listed
as a loss payee.
5. Mortgage processing, origination and incentive fees apply.
the past up to 25% of our annual sales have been financed in this way.
payment $6,000.00 to $8,000.00 potentially qualifies for a loan of $3,000.00 to $10,000.00.
Down payment $10,000.00
potentially qualifies for a loan of $15,000.00.
Down payment $15,000.00 potentially qualifies for a loan of
$20,000.00 to $25,000.00
Down payment $20,000.00 potentially qualifies for a loan of $30,000.00
payment $10,000.00 expected loan $15,000.00