The Peninsula at New Buffalo has been approved by several local and national lenders for various forms of end-user financing. To request information, please click here. General terms are outlined below.

Acquire the Site - Land Financing

Finance your land purchase with a fixed rate/fixed term loan at attractive terms:

  • Down Payment - 25% minimum
  • Term - 1 to 3 years; 30 year amortization
  • Rates - Competitive with market
  • Closing costs - to include appraisal and title work
  • Underwriting Approval - Typically 30 days

Build your Home - Construction Financing

Interest-only financing while you build your home. Option also to include the land purchase in one package.

  • Down payment - 20% minimum
  • Term - 12 months, interest paid monthly
  • Rates - Competitive with market
  • Closing costs - Include appraisal and title work
  • Conversion - Underwriting confirms end loan conversion eligibility
  • Draw Management - Dedicated representative works directly with builder for funding
  • Underwriting Approval - Typically 30 days
  • Fixed rate conversion products with terms of up to 10 years

Finance Long Term - End Loan

Converting your construction loan to a longer term conventional loan product is streamlined and simple.

  • Term - 8 to 30 years
  • Rates - Competitive with market, adjustable or fixed rates
  • Underwriting Approval - Typically 30 days