LAND & LOTS

OPTION 1: 20% Down

  • Credit Score: 680

  • Tradelines: 2 of 24 Months Open or Closed

  • Down Payment: 20% Down (80% LTV)

  • 6 Months Reserves or 0 if LTV is 50%

  • Term: 10 Years Fixed

  • Income Type: Full Doc W2 & Self-Employed (Tax Returns)

  • Max Debt: 43%

  • US Citizens & Green Cards

  • LLC: Required

  • Loan: $100,000 - $500,000

  • Zone: Residential 1-4 Family

  • Insurance: Not Required

  • Tax Escrow: Required

  • Appraisal: Required

  • Rates: 9.5%-10.375% (depends on score & LTV)

  • Building Lot: Not approved add 2%

OPTION 2: No Income, No Credit

  • No income required

  • No appraisal required

  • Must close under an LLC

  • 680 credit score (maybe required)

  • 50% down payment + 6 points + closing cost

  • Minimum loan amount $75,000

  • 2 Years balloon


Looking to build from the ground up?

Our Lot Loans are designed for a smooth transition from lot loan to construction loan.

Construction Loans Available!

Where are you in your home buying journey?

What type of property are you looking to purchase?

How do you plan to use your future home?

Do you own any property?

What is your current employment status?

What is your estimated credit score range?

What's your yearly income before taxes?

This is the same thing as gross income. You don't need to be exact but try to get as close as possible.

What is the estimated price range of the home you are looking to buy?

How much have you saved for purchasing the home?

What is your current residency status?

Are you already working with a real estate agent to buy your new home?

Have you had any foreclosures or bankruptcies in the past three years?

NEXT

Work with an Expert Mortgage Consultant

22 Years Experienced as Loan Originator, 3 years as underwriting , 2 years as appraiser.

At Generation Mortgage Associates LLC , we partner with over 50 top lenders nationwide to find the best mortgage loan tailored to your specific needs. Regardless of your financial situation, credit history or income, we can secure a mortgage for you.


Our agents possess extensive expertise in the real estate market, staying ahead of trends and understanding property values. This enables them to offer you tailored, insightful guidance specific to your needs and goals.

Whether you prefer face-to-face meetings or virtual consultations, we are accessible and ready to assist. Trust us for a smooth and stress-free financing journey.

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Company NMLS#: 224585

1155 Pasadena Ave S - Suite H - South Pasadena, FL 33707

This website has not been reviewed, approved or issued by HUD, FHA or any governmental agency.