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borrowing money on land

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johnner Joined: 14 Jun 2011 Posts: 1 1.00 Dollars($)	Posted: Tue Jun 14, 2011 3:57 pm    Post subject: borrowing money on land Like 0 Dislike 0 how do I get a loan on undeveloped land? It is owned free and clear and I need 20 thousand max.
chrisgummerson Community Expert Joined: 29 Apr 2010 Posts: 704 Location: La Palma, CA 9.98 Dollars($)	Posted: Tue Jun 14, 2011 4:24 pm    Post subject: Like 0 Dislike 0 Land loans are very tough with the economy. You could try C-loans.com and place a request there. Also you can look for private lenders who might be interested. Also your local bank or credit union could be of some help. What state is your land located? _________________ Chris Gummerson Bay Valley Mortgage Group bayvalleymortgage.com 714-367-5125
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Wed Jun 15, 2011 7:59 pm    Post subject: Like 0 Dislike 0 Hi johnner, I will suggest you to contact the local lenders and apply for a land loan. If you meet all the requirements of the lender, then you will be able to qualify for a land loan. Thanks

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