Many of the people who appreciate the economic elegance and sensibility of owning a fractional property choose to leverage their real estate purchase. NextStar presents an attractive and dependable financing program previously unavailable in this emerging real estate market. Aggressive rates and a variety of options make our consumer financing program a great complement to the overall real estate transaction. We offer:

 

 

• Four attractively priced adjustable rate mortgages (ARMs): a 1/1, 3/1, 5/1, and 7/1 ARM (interest rates subject to market conditions)

• 30-year amortized term with no prepayment limitations or penalties (shorter amortizations available upon request)

• Up to 70% financing (no balloon payments required)

• For Borrowers who prefer more than 70% financing, please contact us or visit www.firstagain.com/nextstar to learn more about an additional lending opportunity

• At the end of the initial fixed rate period, annual rate adjustments are indexed to the current One-Year LIBOR weekly average plus a margin of 3.50% (no interest rate floors)

• Interest rate adjustments are capped annually and over the life of the loan depending on loan program

Beyond financing options for fractional properties, NextStar Funding also offers exceptional financing products and services for vacant land, estate lots, and  condohotels .

 

 

          

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Arizona Mortgage Broker # MB-0905482
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