Owner Financing Terms
Available on most claims and quoted individually. Start mining immediately, no credit checks required.
💰 Financing at a Glance
We offer owner financing on most of our claims, and we set the terms per claim rather than running everyone through the same formula. Price, size and how you plan to work the ground all factor in. Please inquire about any listing you're interested in and we'll put numbers together for you. Financing lowers the barrier to getting on the ground without paying the full purchase price up front.
Purchase Price
Also known as the "cash price" for our listings. This is the total price to be paid for the claim if paid all at once. This cash price is the base price for the claims prior to any interest being applied.
Down Payment
A down payment is required to start any financing contract, and the amount depends on the claim. Ask us about the one you have in mind and we'll tell you what it takes to get started.
Loan Amount
Subtract the down payment, earnest money, and other upfront payments from the purchase price to get your loan amount.
Interest Rate
Financed purchases carry fixed interest, quoted up front so you know the full financed amount before you commit to anything. The rate is set per claim, so please inquire.
Loan Term & Amortization
Terms are agreed per claim and paid in equal monthly installments. The recurring charge is billed automatically as a subscription through our payment gateway, PayPal™.
Monthly Payment
The financed amount is divided evenly across the agreed term, so every payment is the same and there's nothing to work out month to month.
Balloon Payment & Pre-Payment
There are no pre-payment penalties to paying off your loan. The quicker you get it paid off, the quicker you will receive a full deed transfer of the claim's mineral rights and mineral interests in your or your company's name.
Additional Terms
- Temporary Conveyance of Mineral Rights: Upon agreeing to our seller-financing terms and making a successful down payment, you will receive a Temporary Conveyance of Mineral Rights which will grant you access to the property to start mining. This is the same as leasing the property's mineral rights until the loan amount has been paid off in full.
- Full Mineral Rights Transfer: After the loan has been paid off, the buyer will get a full deed transfer of the mineral rights and claim deed, officiating them as the new claimant.
- No Credit Check: No credit checks are required.
- No Late Fees: No late payment penalties.
- Non-Payment Policy: After 45 days of non-payment, the financing contract will be considered VOID and any granted temporary mineral rights will be revoked. There is no reimbursement of the down payment, so you are encouraged to make your payments on time for the life of the loan.
- Tax Compliance: All loans and financing proceedings are in accordance with the laws and regulations of the great state of Nevada.
📩 Ready to Finance a Claim?
We're excited to offer seller financing on most all of our mining and gold claims for sale. Contact us to inquire about owner financing any of our claims!