land loan

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Icon Mini Profile jackminkpalace




Joined: 10 May 2009

Posts: 1

1.24 Dollars($)
PostPosted: Sun May 10, 2009 11:23 am    Post subject: land loan

i have 40 acare vacant land in palmdale , ca and paid off
can i get a loan . it worth 120000 now , how much i can get.
Icon Mini Profile smithsussane
smith.sussane



Joined: 18 Sep 2008

Posts: 3738
Location: Alaska
561.45 Dollars($)
PostPosted: Sun May 10, 2009 7:32 pm    Post subject:

Hi jackminkpalace!

Welcome to forums!

Yes, you will get a land loan but you should have a good credit score and stable income for that. You can contact the lenders of your area and check out the rates and terms prevailing the market now. You can also speak to the lenders of this community and seek a no obligation free mortgage quote. This will also let you know what type of rates you can get when you apply for a land loan.

Feel free to ask if you have further queries.

Sussane
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