Land Owner Financing Program
Perfect For Investing In Vacant Land On A Budget
Do you want to buy more land for your investment portfolio simply to?
- Have to wait for lenders to process and approve your application!
- Have your funding sources tapped out limiting your land holdings!
- Have less-than-perfect credit but still want to invest!
Land Owner Financing is an option, that you may not be aware of…
What Is Land Owner Financing?
Land owner financing is when (we) the owners of the land, finances the purchase of the land ourselves. We act just like a bank, leveraging the land’s equity in exchange for receiving regular payments for the land until it is paid in full. Typically, the land itself is the collateral.
Think of it just like getting a mortgage from the bank, but without all the hassle, paperwork, credit checks and pre-approval. You make payments directly to us until the property is paid off. Investors like owner financing because it allows them to invest in more land even if they don’t have the full amount of money available at the moment.
How Our Land Owner Financing Program Works
Own Vacant Land For As Little As $0 Down!
- View Listings
- Secure With Deposit
- We Finance Your Purchase
When you buy raw vacant land from us, you don’t need to qualify for financing. We make it our mission to make property ownership affordable for as many people as possible.
When we process your application, we will require an earnest money deposit to secure the property. This deposit is credited towards your down payment leaving only the rest of the down payment due at closing.
- We do not perform a credit check at all.
- We do not look at your credit score and even bankruptcies are ok.
- Easy qualification process
- Lower closing costs
- Faster closing time
With the land parcel being the collateral itself, We typically ask for a nominal percentage of the purchase price down at closing. However, we try to be flexible and work with your budget.
Therefore, instead of the full purchase amount being due upon closing, we’ll set up a payment plan that includes the principal plus nominal interest, as well as the term of the loan which can be financed.
A Simple, Hassle-Free Financing Program
Anyone who decides to participate in Surplus Asset Specialists, Inc. landowner financing program will have the convenience of making payments as low as $100/month until you own the property. our program options give you the flexibility to pay off the loan of your property sooner with:
- No penalties for early pre-payments
- No penalties for yearly balloon payments
- No penalties for paying the remaining balance in full
If you’re interested in learning more about ways we can work together don’t hesitate to Call Us Now at (888) 753-7799 to discuss the type of land you’re looking for or fill out the quick form below to see if our land owner financing is right for you.