Spurr Mortgage

233 E. 10th Street Plaza

Suite 3

Edmond, OK 73034

Get Directions

Land Loans

Serving the states of OK, KS, MO & AR
Let's ConnectCall 405.348.9919

Locally Owned | Local Experience | Local Community Lender

33+ Years in Business

About Spurr Land Loans

At last, a land loan program created specifically to help buyers finance land with NO Down Payment.

This just means you can get a land loan up to $250,000 with a mortgage secured by land only.

Our loan program enables you to borrow up to 100% financing with mortgage payments amortized over a
The 15-year term of equal monthly payments for the first five years and then converts to an ARM for the remaining years.

Click on this calculator link to compute the 15-year term and the land payment for the first five years.

Without a doubt, this is the hottest land and lot loan you can find in the State of Oklahoma, Kansas, Missouri, and Arkansas.

  • Offered by a locally owned Oklahoma Mortgage Company, that’s been in business since 1990 with a trusted reputation
  • Helping buyers finance land loans and lot loans at 100% financing.
  • Richard Spurr has the knowledge and expertise to answer your questions so feel free to call him at 405-348-9919
  • Once you submit your information, it will receive immediate attention from Richard
  • See how easy you can get a no down payment land loan.
Mortgage Calculator
$
 
N

REFINANCES AVAILABLE UP TO 65% LOAN-TO-VALUE

N

NO COMMERCIAL LAND

N

PROPERTY CAN BE FINANCED WITH OR WITHOUT UTILITIES

N

NO FLOOD CERTIFICATION

N

NO PREPAYMENT PENALTIES

N

A MINIMUM CREDIT SCORE OF 680 ON LOANS UNDER $150,000 & 740 ABOVE $150,000

N

ASK US ABOUT OUR LAND RESIDENTIAL BUILDERS

N

NO DOWN PAYMENT REQUIRED

N

NO ACREAGE LIMITATION

N

NO SURVEY

N

NOTE: PROPERTY CAN NOT HAVE A RESIDENTIAL STRUCTURE ON SITE

N

MINIMUM LOAN AMOUNT $25,000

N

NO HIDDEN FEES

N

LAND/ACREAGE CAN BE USED FOR ANY PURPOSE

N

CLOSING COSTS MAY BE FINANCED ON SOME TRANSACTIONS

N

CLICK ON CLOSING FEES FOR ESTIMATED CLOSING COSTS

N

TITLE INSURANCE AND APPRAISAL ARE REQUIRED

N

ASK US ABOUT REAL ESTATE AGENTS WHO SPECIALIZE IN LAND ONLY

What is a One Time Close Construction Loan?

Traditionally, new construction has been done in three phases:
1. Loan to purchase the land
2. Loan to fund the construction and then finally
3. Converting to a 30- or 15-year permanent loan.

What are the benefits of One-Time Close Construction Loan?

In today’s rising interest market, you will be able to:

  • Get a loans amount up to $726,200.
  • Loan to Value up to 90%.
  • Qualify only once!  With only one Appraisal!
  • Interest Only Payments during Construction phase.
  • Take up to 12 months to build.

Pay Closing cost is only once! Saving thousands in upfront expenses.  LOCK IN YOUR INTEREST RATE TODAY!

Loan is serviced right here in Oklahoma.

Let’s Connect

SEND US A MESSAGE

Mortgage Calculator
$
 

Edmond Locally Owned

Settlement Cost Guide

Parent Promise