26814 N 73rd St. #6, Scottsdale, AZ 85255

Beautiful 2.09 ac. property with all utilites at the lot line. Fabulous Monterra subdivsion with Custom Homes. Lot has lush nature desert vegetation on the property. Great location to build a home...near shopping, dining, hiking, biking and much much more. Wonderful property for prospective homeowner to build a custom home. Design Review attached under documents. Minimum home square footage is 2400. Lot loans available through Johnson Bank, Laura Connell (Sr. Mtg Loan Officer), 480-419-5505. Or check with your own bank...lots loan are available now through most lenders. Johnson Bank, Laura Hanson Connell, AVP SR. Mtg. Loan Officer NMLS ID 242230 Office: 480-419-5505 Johnson Bank Mtg Services 8700 E. Pinnacle Peak Rd. Scottsdale, AZ 85255 http://www.johnsonbankmortgage.com/lconnell Our lot loans go 80% LTV to $500,000 on a semi-developed lot (up to 10 acres) with a credit score of 700 or higher. Undeveloped land the max LTV is 75% and credit score of 680 or higher. Anything outside of this requires an exception. We offer 1, 2, and 3 year balloon lot loans. Payments are amortized over 20 years (until the balloon is due). With a 15 year amortization we offer .25 off the rate. We have to charge 1 point on all lot loans, plus the other applicable closing costs. The 1 point is refundable if the client closes on a construction loan with us prior to the first balloon maturity date. The following rates are based on 63 day pricing from 02/25/2013, and interest rates are subject to change until locked in. 1 Year Balloon 4.5% with 1 point. (9.97 APR) 2 Year Balloon 4.75% with 1 point (7.45 APR) 3 Year Balloon 5.125% with 1 point (7.257 APR)