What are the down payment requirements and loan terms for purchasing land or a cabin?

When looking to buy a cabin or lake lot, Northview Bank offers loan options that require down payments from 10% to 20%. You have the option to choose between fixed rate and variable rate loans. When you apply for a loan with Northview Bank, your application will be evaluated based on specific credit criteria including your income level and other factors. We suggest speaking with one of our loan officers about what kind of down payment is needed for your desired type of property. Our customer service team is available to answer any questions you may have regarding the loan process and down payment requirements. With Northview Bank, we provide flexible rates and terms so that you can find the best possible solution for financing your cabin, land or lake lot purchase.