Financing - The Acquisition
IN-HOUSE FINANCING
The purchase of the lot and construction of the house component, may be financed through in-house financing. At least 30% down payment on the lot price, and construction of the house is required before the construction may be started, while the remaining 70% is payable for a maximum period of ten(10) years. Interest rate is fixed at 16% per annum from the entire period without re-pricing.