Guide to Land Purchase Loan Alternatives by Elegment Land

What Are the Land Purchase Loan Alternatives for Buying Land with Elegment Land?

Elegment Land ensures our land purcahse alternative is accessible to most people and easy to understand.

Our land loans different from those offered by traditional banks or the Veterans Land Board. Our plans include owner financing in installments with a typical down payment of 10-20% of the property price. Additional financing options include:

Options to lower the down payment.
Options to lower the monthly payment.
Options to reduce the payment period.

We’ll cover these in more detail in this article.

How Does the Owner Financing Process Work?

Here’s a simple five-step process:

Choose your preferred plot of land from Elegment Land’s wide selection.
Select your payment method — owner financing or full payment upfront.
Review and sign your paperwork electronically once you have made a deposit and the land is marked as sold.
Make a payment following the detailed payment instructions given for your chosen purchase option.
Finally, enjoy your land and start planning your dream build.

What Are the Flexible Options within Our Owner Financing?

As mentioned, our owner financing is designed to be easy to use and accessible to everyone. That’s why Elegment Land is proud to offer the following flexible options.

Options to lower the down payment

You can contact us if you need more time to pay the down payment. We typically allow up to three months, with three equal payments.
If you cancel your purchase within the three-month period, you will forfeit all the payments made.
Your warranty deed will be issued after all three payments are made (the full amount of the down payment).

Options to lower the monthly payment

If you wish to reduce your monthly payment amount, please contact us.
We will provide you with a financing plan with a lower monthly payment through a higher down payment amount.
This will fit your monthly budget plan.

Options to reduce the payment period

A third-party loan processor will manage your mortgage.
They will keep track of your principal balance at any time.
There is no penalty for making additional principal payments or paying off early.
We waive any and all early payment fees to encourage you to pay additional principals so you can fully own your land as early as possible.

How Safe Is the Land Purchase Loan offered by Elegment Land?

Elegment Land prioritizes the security and satisfaction of its customers. We provide a free and clear title, so you can be sure there are no back taxes, outstanding HOA dues, or liens on the land you purchase. You will receive a warranty deed and take ownership from day one.

Your personal information is also protected with a secure checkout system. We use the latest security measures to protect your data, so you can shop with confidence.
With Elegment Land, you can trust your land investment is safe and secure. As a BBB A+ Gold Certified Rating Business by the Better Business Bureau, we have a track record of success and are committed to providing our customers with the best possible experience.

Here are some of the benefits of financing land with Elegment Land:

Free and clear title. You can be sure there are no outstanding debts or liens on the land you purchase.
County recorded deed from day 1. You will receive a county recorded deed from day 1, which gives you full ownership of the land.
Secure checkout system. Your personal information is protected with a secure checkout system.
Track record of success. We have a track record of success and are committed to providing our customers with the best possible experience.

What Kind of Land Can I Buy with These Land Purchase Loan Alternatives?

Our financing options are designed to be affordable, so you can buy the land of your dreams without breaking the bank. We offer owner financing, so you can start building your dream today.

Here are some of the land types we offer:

RV lots. These are lots perfect for placing an RV. They’re typically located in parks or communities and are a great option for people who want to travel and explore.
Ranch land. This is land suitable for raising livestock. It typically has good grazing land, water, and access to roads.
Agriculture land. For those looking to grow crops or raise livestock, this land is suitable for farming.
Hunting land. This is land suitable for hunting. It typically has good game populations and is a great option for people who love the outdoors.
Lake subdivision lots. A popular choice for those looking for great views and easy access to fishing or watersports.
Mobile home lots. These are small lots perfect for a mobile home. They’re typically located in parks or communities and are a great option for people who want a low-maintenance lifestyle.
Mountain view land. This land is often off the beaten path, quiet with spectacular views.
Unrestricted land. These lots are best for those looking to go off-grid or are unsure about what they may need to use the land for.

No matter what your needs are, we have the land for you. Contact us today to learn more about our financing options and to find the perfect land for your dream.

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