Non-Qualifying Terms have been offered by Volunteer State Bank. A total of 25% down with the balance to be amortized over 20 years at 8.25% interest, 1% origination fee. There will be a 3 year call. Some restrictions apply! Contact Bill Seals at 615-672-4364 for more details or Qualifying Terms! Buyer is responsible for all costs associated with the loan such as closing fees, recording fees & title work. Buyer must also complete a credit application and furnish proof of income.
Restrictions on terms: Existing customers of Volunteer State Bank must be pre-approved prior to auction. These terms do not apply if buyer is a partnership, corporation or family member of the seller. They do not apply if the buyer has or is currently bankrupt, had a previous foreclosure, or the bank has suffered a loss in the past.
Fees: Buyer is responsible for all costs associated with the loan such as but not limited to closing fees, recording fees & title work. Buyer must also complete a credit application and furnish proof of income.