26814 N 73rd St #6 Scottsdale, AZ 85266

Listing details for 26814 N 73rd St #6, Scottsdale, AZ 85266 : Beautiful 2.09 ac. property with all utilites at the lot line. Fabulous Monterra subdivsion with Custom Homes. Lot has lush nature desert vegetation on the property. Great location to build a home...near shopping, dining, hiking, biking and much much more. Wonderful property for prospective homeowner to build a custom home. Design Review attached under documents. Minimum home square footage is 2400. Lot loans available through Johnson Bank, Laura Connell (Sr. Mtg Loan Officer), 480-419-5505. Or check with your own bank...lots loan are available now through most lenders. Johnson Bank, Laura Hanson Connell, AVP SR. Mtg. Loan Officer NMLS ID 242230 Office: 480-419-5505 Johnson Bank Mtg Services 8700 E. Pinnacle Peak Rd. Scottsdale, AZ 85255 http://www.johnsonbankmortgage.com/lconnell Our lot loans go 80% LTV to $500,000 on a semi-developed lot (up to 10 acres) with a credit score of 700 or higher. Undeveloped land the max LTV is 75% and credit score of 680 or higher. Anything outside of this requires an exception. We offer 1, 2, and 3 year balloon lot loans. Payments are amortized over 20 years (until the balloon is due). With a 15 year amortization we offer .25 off the rate. We have to charge 1 point on all lot loans, plus the other applicable closing costs. The 1 point is refundable if the client closes on a construction loan with us prior to the first balloon maturity date. The following rates are based on 63 day pricing from 02/25/2013, and interest rates are subject to change until locked in. 1 Year Balloon 4.5% with 1 point. (9.97 APR) 2 Year Balloon 4.75% with 1 point (7.45 APR) 3 Year Balloon 5.125% with 1 point (7.257 APR)