Available Tiger Run Financing
Alpine Bank in Breckenridge
Contact: Laura Lyman
Regional Loan Manager
Lauralyman@alpinebank.com
Direct – 970-513-5904
Chalets (Park Homes):
- 75% Loan to Value – 25% Minimum down payment required
- 25-year amortization
- 5/1 ARM (Adjustable Rate Mortgage), 25 year AM, Fixed for the initial 5 years then the rate can adjust annually.
- Interest Rates starting at 4.25%. Rates and down payment varies depending on the loan amount, down payment, credit score, income, etc. Subject to underwriting approval and financials.
- 1% origination fee and $250 doc prep fee
- No Balloon note – No Prepayment Penalty
- Minimum FICO Score of 640 Required
* Chalets at Tiger Run do not qualify for conventional 30-year financing as the Chalets are considered mobile homes by an appraiser and do not have a permanent foundation.
Lot loans
- 75% Loan to Value – 25% Minimum down payment required
- 3/1 Adjustable Rate mortgage, 15yr AM, fixed for the initial 3yrs, with a 10yr balloon
- Interest Rates starting at 4.25%. Rates and down payment varies depending on the loan amount, down payment, credit score, income, etc. Subject to underwriting approval and financials.
Loan application checklist:
- Signed, completed personal financial statement (link provided above)
- Last two years of personal tax returns with applicable statements i.e. K-1s, W2s, etc.
- Last two years of business tax returns – if applicable
- Current pay stub or proof of distribution
- Current asset statements i.e. bank, IRA, 401k, stock, etc.
- Buy/Sell Contract
**** Rate and terms are subject to change without notice and are based on many factors. Please call your lender directly to discuss financing terms and options ***** Updated: June 2020
** Legendary Realty of the Rockies and their associates are not affiliated with Alpine Bank and are not licensed mortgage brokers.