FINANCING WITH REFYND LAND AND CAPITAL
How It Works
We offer owner financing on many properties, typically those priced over $20,000.
Our financing structure is designed to:
- Keep payments manageable
- Encourage responsible ownership
- Set our buyers up for long-term success
Interest rates are based on your down payment and/ or the purchase price of the property. Here are some examples:
- Larger down payments = lower interest rates
- Smaller down payments = slightly higher rates
- Lower purchase price = slightly higher rates
For example:
- 50%+ down → approximately 10% interest
- Lower down payments → higher rate based on risk
Our Philosophy
We are not the right fit for everyone — and that’s intentional.
We believe:
- A strong down payment shows readiness and commitment
- Monthly payments around $300/month are more sustainable
- Buyers should be set up to succeed, not struggle
In our experience, when buyers have meaningful investment in the property, they are far more likely to stay current and benefit from ownership.
Why Not Just Use a Bank?
You absolutely can — and in some cases, you should.
A bank loan may be a good option if:
- You have strong credit
- You qualify for favorable loan terms
- You are purchasing higher-value land with development plans
However, banks often:
- Require large down payments (often around 50% for raw land)
- Do a credit check and pull your history
- Have stricter approval processes
- May require additional collateral, such as your home
In some cases, if you default on a bank loan secured by collateral, you could risk losing that asset.
Why Choose Refynd Land & Capital?
- No credit checks
- Simple and transparent process
- Local expertise in El Paso County
- Licensed Texas Real Estate Broker (20+ years experience)
- Flexible financing options
- Focus on long-term buyer success
- We close through a reputable title company, ensuring a secure and legal transaction for all parties involved
Private Loan Setup
If you finance through us, your loan is managed by a third-party loan servicing company.
- They set up your payment plan
- You make payments directly to them
- They distribute payments to us
👉 No money is exchanged directly between buyer and seller, creating a more secure and professional process.
Typical costs include:
- $95 one-time setup fee
- ~$19.50/month servicing fee (subject to change)
We typically do not include prepayment penalties, though terms may vary depending on the deal.
Additional Costs to Expect
When purchasing land, buyers should be prepared for:
- Closing costs (approximately $800, varies)
- Property taxes
- Survey (if needed)
- Utilities (if applicable)
- Land clearing or improvements
- Road access improvements
Payment Expectations
If a payment is missed:
- A late fee (typically 10%) may be applied
- You will be notified promptly
We encourage all buyers to:
- Review loan terms carefully
- Understand default policies
- Communicate early if issues arise
Property Use & Improvements
We do not allow building or improvements on the land until the note is paid in full.
This protects both parties and avoids complications in the event of default.
Once the note is paid in full, the property is yours free and clear, and the land can be used as collateral for future development. Many buyers choose to pursue a construction loan through a bank at that point to build or improve the property.
When You’re Ready to Move Forward
You will need to provide us with PROOF OF FUNDS. This could be a letter from your bank stating you have the funds necessary to cover the down payment and closing costs OR you could send us a screen shot of your bank statement (no account numbers) with a current date (within 7 days), your name on it, ands showing the necessary funds are available.
Once we receive your proof of funds, we can put the contract together. This requires the following information:
- Full legal names of buyers/ business entity (if a business entity, organization documents will be required for the title company. It would be helpful if you have these documents prepared prior to signing contract).
- Physical addresses
- Phone numbers
- Email addresses
We will email you the contract via DocuSign from [email protected]. Land Rescue LLC is our parent company. The executed contract gets immediately sent to our team at the Title Company so they can open the file and begin the closing process.
Timeframe for closing is typically between 7-14 days, as the majority of our properties already have a clear title and are ready to close when the title company is able to get you on their schedule.
A Final Word
We are committed to helping buyers become successful landowners.
We believe in responsible ownership, clear expectations, and long-term value. If you are not ready today, that’s okay — we’d rather help you prepare than see you struggle.