Michigan Vacant Land

Michigan vacant land loans is our specialty.

Inter-Lake Mortgage Company of Michigan is a locally owned company.
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Michigan Vacant Land Loan

Michigan Vacant Land Loan
Purchasing Michigan real estate property can be a real problem if you don't have perfect credit or large down payment and reserves. We have all types of financing options to purchase property in Michigan. We do 80% of the purchase price.

Land, with no plans for improvement is the hardest type of property to secure a mortgage on because it is in essence a speculative investment. A vacant land loan no longer requires a higher down payment or a higher interest rate than an improved property.

Loan Amount

Loan Program

Time Frame

Estimated Property Value

Purpose of the Loan

Property Type

Property Street Address
 

City

State

Zip Code
   

CONTACT AND BORROWER INFORMATION

First Name

Last Name

Email Address
   

Current Address

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State

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Primary Phone

Work Phone

Best Time To Call

Time with Employer

Monthly Income

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COMMENTS


Interest Rates

Current Rates

30 Yr Fixed 5.000%
20 Yr. Fixed 4.750%
15 Yr Fixed 4.500%
30 Yr Jumbo 6.000%
15 Yr Jumbo 5.750%
30 Yr Land 6.000%
15 Yr Land 5.250%
Float Land 4.000%
Prime Rate 3.250%
Commercial 6.375%

Interest rate, program terms and conditions are subject to change without notice. Not all products are available in Michigan or for all mortgage amounts. Mortgages are subject to credit review and approval. Properties securing all collateral must be located in the U.S. Other restrictions and limitations may apply