---

Getting a loan from land I own

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
tonieardley Joined: 25 Feb 2010 Posts: 1 1.00 Dollars($)	Posted: Thu Feb 25, 2010 4:49 pm    Post subject: Getting a loan from land I own Like 0 Dislike 0 Our house is one 1 parcel, but we have 2 other parcels totally 20 acres. We would like to put an addition on our house, but due to the housing market, we cannot get a loan. Someone mentioned trying to get a loan against our land. How do we go about finding a bank that is willing to do this?
deerone Joined: 25 Feb 2010 Posts: 1 1.00 Dollars($)	Posted: Thu Feb 25, 2010 5:46 pm    Post subject: loan on land Like 0 Dislike 0 i own doublewide home on permint foundation 32 60 garage.i need loan for pay off of land value 160,000 need 50,000
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Thu Feb 25, 2010 8:56 pm    Post subject: Like 0 Dislike 0 Hi tonieardley, You can contact lenders who offer land loan. Depending upon your financial situation, credit score, employment history, etc. you may or may not qualify for a loan. You can even speak to the lenders of this community and seek a no obligation free mortgage consultation from them. This will give you a fair idea whether or not you would be able to get a loan. You will also come to know what type of rates and terms you would receive. Hi deerone, Is your double wide free and clear? If yes, then you can take a loan on your double wide and use the money to pay off your land loan. Thanks

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0