About this Event
Fresh solutions for today’s homebuyers.
Join us as we introduce this exclusive new program, Estately Land Lease. This innovative financing option helps more buyers increase purchasing power and lower initial monthly housing payments by financing the home while leasing the land.
Why attend?
- Discover how Estately Land Lease can help increase buyer purchasing power
- Learn how lower initial monthly housing payments can expand homeownership opportunities for your clients
- Identify which buyers may benefit most from this program
- Gain practical talking points to guide more confident financing conversations
Open the door to more opportunities with Estately Land Lease.
Equal Housing Opportunity, Company NMLS #3274. (www.nmlsconsumeraccess.org). Event intended for industry professionals. Guild Mortgage provides home loan financing and is not affiliated with Estately Land Trust or Estately Land Lease. All loans subject to underwriter approval. Terms and conditions apply, subject to change without notice. Borrower remains responsible for the monthly mortgage payment and full property taxes on the home and land. Estately Land Trust administers the land lease. Guild Mortgage provides home loan financing and is not affiliated with Estately Land Trust or Estately Land Lease. Rates, terms, availability, and eligibility are subject to change depending on buyer qualification, the property, and applicable loan program guidelines. Estately Land Lease provides a 50-year land lease unless the borrower sells the property, buys the land or defaults on the lease. The annual lease fee increases every 12 months based on the Consumer Price Index (CPI) and will not decrease if CPI is 0% or negative. For CPI info, visit www.bls.gov/cpi. At lease end, the borrower must either purchase the land from Estately or sell the home. There is no lease renewal option. The land purchase price is the original land value plus CPI inflation, regardless of the lease payments or appreciation. The Estately Land Lease requires a 5% minimum down payment on a conventional loan, a minimum credit score of 700, and completion of a homebuyer education course. Program availability is limited to single-family homes in select Colorado and Texas markets.
Event venue & nearby stays
Grand Junction Area REALTOR Association, 2743 Crossroads Boulevard, Grand Junction, United States
Concerts, fests, parties, meetups — all the happenings, one place.