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
  • Rate is fixed for 5 years then the rate can adjust annually.
  • Interest Rates starting at 4.49 %, dependent upon 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
  • 2yr Interest only loan OR 15yr Amortizing loan, fixed up to 3yrs with a 10yr balloon 
  • Interest Rates starting at 4.49 %, dependent upon 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: January 2020

 ** Legendary Realty of the Rockies and their associates are not affiliated with Alpine Bank and are not licensed mortgage brokers.