| The mountains are beckoning…have been for quite some time…and finally you are ready to answer their call by getting serious about buying a mountain property. For you the time is right, but for your financing options, not so much. With wrenching reforms sweeping through U.S. credit markets, financing can be a challenge, even for those with good to excellent credit.
To neutralize the affect of the tight credit markets, Sunset Mountain Enterprises is, for a limited time, offering financing via land contract conveyance for home sites within Sunset Mountain Village*.
Terms are generous and flexible. Closing costs and paperwork are minimal. With a qualifying credit score of 650 or better, you are free to choose the terms that work best for you:
- Down Payment - 10%-20%
- Financing Term - 1-5 Years with Balloon
- Interest Rates - as low as 1%
- Monthly Payments - Interest Only
For example, the purchase of a $125,000 home site may be structured as follows, with a balloon payment due at the end of the term:
1 Year Term
| Down Payment |
Interest Rate |
Interest Only Monthly Payments |
| 10% |
2% |
$187.50 |
| 15% |
1.5% |
$132.81 |
| 20% |
1% |
$83.33 |
|
2 Year Term
| Down Payment |
Interest Rate |
Interest Only Monthly Payments |
| 10% |
3% |
$281.25 |
| 15% |
2.5% |
$221.35 |
| 20% |
2% |
$166.66 |
|
3 Year Term
| Down Payment |
Interest Rate |
Interest Only Monthly Payments |
| 10% |
4% |
$375.00 |
| 15% |
3.5% |
$309.90 |
| 20% |
3% |
$250.00 |
|
4 Year Term
| Down Payment |
Interest Rate |
Interest Only Monthly Payments |
| 10% |
5% |
$468.75 |
| 15% |
4.5% |
$398.44 |
| 20% |
4% |
$333.33 |
|
5 Year Term
| Down Payment |
Interest Rate |
Interest Only Monthly Payments |
| 10% |
6% |
$562.50 |
| 15% |
5.5% |
$486.98 |
| 20% |
5% |
$416.66 |
|
To learn more about owner financing a home site within Sunset Mountain Village, please call us at 1.866.WVA.MTNS or email us via the CONTACT page.
* Owner financing does not apply to Resale Lots.
FINANCING DETAILS FINANCIAL PRIVACY POLICY |
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