Feb 11, 2015

Updates On Financing Options

Coastline:

  • They have a $10,000 minimum for land purchase (thank God)
  • They have their own appraiser that will check out the land and asses things. Seems to be the standard.

First Atlantic Bank (San Marco Branch):

  • Not incredibly helpful. No no one got back to us.

Florida Credit Union:

  • There were some concerns about them servicing our project considering they’re based out of Gainesville but it turns out that it isn’t much of an issue.
  • Their land minimum is $50,000 because they usually deal with mobile homes.
Posted in Land stage