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  Fixed Conventional
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 Unimproved Property
  Construction Loans





Unimproved Property Loans

Maximum Loan Amount and Restrictions

Loans range from $5,000 to $150,000 with 80% Loan-to-Value for property located in the following Florida counties: Escambia, Santa Rosa, Okaloosa, Walton, Bay, Washington, and Holmes. Rates are subject to change at any time.




Max Term APR*
Fixed
5 8.50%
Fixed
10 9.00%
Adjustable **
10 Varies%
Minimum monthly payment on all loans is $35.
* APR = Annual Percentage Rate
** Adjustable Rate is the Weekly Average Yield on United States Treasury Securities adjusted to a constant maturity of 1 year plus a margin which varies by loan type. Adjustable Loan rates and payments are adjusted annually. Adjustable loan rates may increase after consummation.


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