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Financing for a lot/land

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Icon Mini Profile gigi1314





Joined: 05 Aug 2009

Posts: 4

1.97 Dollars($)
Post Posted: Tue Mar 16, 2010 2:16 pm    Post subject: Financing for a lot/land
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I'm looking at buying a lot on Bolivar (to build a vacation house in a couple of years). What are my options for finding financing?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10569
Location: ALASKA
1090.22 Dollars($)
Post Posted: Tue Mar 16, 2010 8:44 pm    Post subject:
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Hi gigi,

You will have to contact lenders who offer lot/land loans. You should first try getting the loan from your local lenders. You speak to them and seek a pre-approval from them. Thus, you would get a fair idea what type of rates and terms you would qualify for. You may even speak to the lenders of this community and seek a no obligation free mortgage consultation. This will also give you an idea whether or not you would qualify for a loan.

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