General Lending Terms

Our lending programs are straightforward. The process is very simple. You identify the property you want to purchase properties within the buyazforeclosures.com inventory or from any outside source. AFG provides the funds to complete the purchase of the property. We secure our position with a Note and Deed of Trust.

At closing, you provide the required down payment, a "one-time" additional interest cost, first months interest payment and prepaid insurance costs.

During the term of the loan you are required to make monthly interest only payments in accordance with the terms of the loan program you have selected.

You can prepay the note at any time after the 1st 30 day period with no penalty, and we pro-rate (at par) any payments received if you are closing in the middle of the month.

The entire transaction is represented by traditional promissory Note and Deed of Trust agreements that can be read and agreed to in a few minutes.

We make it simple and eliminate the red-tape. Getting the transaction completed is our only motivation.

Please note that special terms and conditions apply to loan amounts in exccess of $400,000. Ask your AFG Loan Representative for details.