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Land Loans | Boxwood Mortgage

Land Loans

Land Loans

Loan Parameters:

  • 35% Down Payment
  • Purchase only
  • Minimum loan amount of $100k.
  • Minimum credit score 660
  • Term, 20 years
  • Mobile Homes, single wide and double wide also available

Documents Needed for Preapproval:

  • 2 years Tax returns
  • 2 years of w2’s or 1099’s
  • 2 years of corporate tax returns with K1’s when applicable
  • 30 day paycheck stubs when w2 employee
  • 2 Month Bank Statements
  • 2 forms of Identification
  • Work Visa, Permanent Resident card of Citizens allowed