Ritchie Land Company Finance

We offer various financing options through owner financing to make your purchase more accessible. When it comes to purchasing lots, a down payment of just 10% is required. For those interested in buying the farmhouse on 40 acres, the down payment amount increases to $100,000. All financing notes are amortized over a period of 30 years, allowing for manageable monthly payments.

Buyers have two attractive options for their financing terms. The first option is a 3-year balloon with an interest rate of 5%. This means that while your payments will be based on a 30-year amortization  schedule, the remaining balance will be due after three years. Alternatively, you can choose a 2-year balloon at a slightly lower interest rate of 4%, with the same structure regarding the payment plan. These options are designed to provide flexibility and  facilitate your journey toward owning your property.