Collection: Special 8% Terms

8% Interest Terms Program

Our 8% Interest Terms Program offers flexible financing on select properties. With just 5% down, you can lock in your land today and pay the rest over time— with monthly payments about 15% lower than our typical $121 Down plans. Still 15.5 years to own it, and as always— no credit check, no qualifying.

New Mexico Land

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8% Terms – Frequently Asked Questions

Q: What is the 8% Interest Terms Program?
A: It's a financing option for select larger rural properties, typically over 20 acres. It offers 8% fixed interest over 15.5 years with lower monthly payments compared to our standard plans.

Q: How much do I need for a down payment?
A: Just 5% of the purchase price. For example, a $50,000 property would require $2,500 down.

Q: How do monthly payments compare to other plans?
A: Payments are about 15% lower than our $121 Down Program, due to a higher initial down payment and fixed 8% interest.

Q: Is there a credit check?
A: No. Like all our terms plans, there’s no credit check and no qualifying.

Q: Can I pay off the land early?
A: Yes! There’s no prepayment penalty, so you can pay it off anytime.

Q: Where can I manage my loan?
A: You’ll have full access to online loan management, including auto-pay options and account history.

New Mexico Land