At Diversified Investment Services, Inc., we offer unique programs for the purchase of notes and contracts secured by land lots or acreage developed for a variety of uses including residential, mobile home, recreational, commercial and hunting/camping. We are committed to meeting your land financing requirements with a comprehensive array of services including:
Sell a group of notes in a portfolio to obtain maximum pricing. Take advantage of unique programs enabling developers to obtain up to 100% of the note balance through the use of a 90% advance and a 10% reserve, paid back quarterly. This example assumes notes have a 5% minimum down payment, payer FICO scores of 575 or more, interest rates of 12% or higher, and a maximum term of 240 months. Advance and reserve rates can be customized to meet the attributes of your specific portfolio. E-mail us your portfolio spreadsheet in excel format or contact us today for more information!
Obtain liquidity on all your land notes through a committed line of credit offering generous advance rates and minimal fees. Advance and interest rates are determined by the attributes of each note/contract pledged, including equity, seasoning and the payer's FICO credit score. Even zero down notes may be pledged to the credit line with a satisfactory 12 month payment history. The advance and interest rates are fixed for the entire borrowing period as outlined in the Credit Line Agreement and corresponding Advance Rate Table. Notes may be kept on the line until 120 days delinquent and/or replaced with performing notes. Contact us today for more information!
Access the funds necessary to acquire and improve residential, mobile home, golf course and recreational developments through an acquisition and development loan. Contact us today for more information!
Sell all or part of an individual land note through our standard purchase programs. Just complete the online Quote Request and we'll provide preliminary pricing within 24 hours.