LAND & RV PARK FINANCING!

  • You can borrow just land and have a construction later or we can help you fund to purchase land and also fund for construction project in one financing package.
  • Or purchase a RV park with rental income. We can customize a RV park financing program to fit your individual needs. We have a broad spectrum of lending products available so if you are considering or looking for financing for camp grounds, retails, self-storage parks, office buildings, or mobile home parks, we have it!

We would like to hear more about your plan so we can give you the best ideas how to get it done.

We have two options:

BANK LOAN & PRIVATE MONEY

You know it! Banks always give you the best rate with credit from 700 up, great-looking Tax Returns (last three years), no debts requirements. Then if a bank says no to you, that is when a private loan can help but surely with higher interest rate and at least 35%-50% down payment. You have to have either a lot more money or you have to have income proof.

  1. BANK LOAN:
  • Interest rate from 4%-5%
  • 20 – 30-year term
  • 10% -20% down payment
  • Loan amount min $200,000
  • No pre-payment penalty
  • 30 days to close
  1. PRIVATE MONEY:
  • Interest rate from 8% – 12%
  • 1 – 2-year term
  • 35% – 50% down payment
  • Loan amount min $200,000
  • Monthly interest payments only
  • No pre-payment penalty
  • 14-20 days to close

We can have a pre-approval letter in 24 – 48 hours.

We can have a soft offer in a term sheet where rates, costs, monthly payments and total cash to closing from you when you complete our loan application with very detailed and correct information of: Property address, purchase price, property tax, insurance, rental income…

Whenever you are ready to apply this loan with us, please email us:

  1. Property address and property information
  2. Business plan (if any)
  3. A copy of your Driver License & SS# card
  4. The last two months of your bank statements
  5. Fund proof (shows us you got at least 25% in your acts)
  6. Land Loan application (we will email you)

Please send the documents to Funding@KhangLending.com

For any other financing requests that are not listed here, we would like to discuss with you and will find a way to help.

We can be reached at (254) 292-9764, M-F, 9am – 4p.m.

KHANG LENDING