header
 
header

At Playa Blanca we will assist you in all phases of your purchase and will assist you in every step of the closing and the “Bank Trust”.

We are now offering several options of no- qualifying developer financing at Playa Blanca. This is one example of several options that we have available. For further information please contact us at Sales Info Request

In-House Financing – This is one of Several Options we Offer:
30% Down Payment – 15 Year Variable Term

  • Down payment- 30%
  •  Loan term - 15 years
  • 3 Years Fixed 8.25% / 12 Years Variable (LIBOR +6.0%)
  • Unit type- All 2 and 3 bedroom Units
  • Loan type- NO qualifying
  • *ZERO Points or fees
  • Prepayment Penalty-NONE
  • Monthly LIBOR rate – Wall Street Journal*           
  • Effective - June 1, 2011- Dec 31, 2011      
     

Monthly Payments-Example

2 Bedroom- #703 Price $429,000-Loan Amount $300,300
Payment Years (1-3
)       -$2,913.33       Fixed-8.25%

Examples Payments Year 4-15
Payment Years( 4-15)        -$2,954.57        (LIBOR 10 yr. Average 2.53% + 6.0%)
Payment Years( 4-15)        -$2,983.58        (LIBOR   6 yr. Average 2.74% + 6.0%)
Payment Years( 4-15)        -$2,777.61        (LIBOR   3 yr. Average 1.10% + 6.0%)