land loan

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johnbowerspntg@aol.com

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PostPosted: Thu Feb 12, 2009 4:07 pm    Post subject: land loan

I own 5 acres paid for in Conneaut Lake PA, looking for a small loan against the property can anybody point me in the right direction.
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Icon Mini Profile eric1

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PostPosted: Thu Feb 12, 2009 7:10 pm    Post subject:

Check with one of the brokers on this site. You can request a quote.
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Icon Mini Profile jameshogg
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PostPosted: Thu Feb 12, 2009 8:57 pm    Post subject:

Hi johnbowerspntg,

You can speak to the lenders of your area and check out if they will be offering you a land loan or not. Speaking to a few lenders will give you an idea about the rates and terms you will be receiving from them. This will help you to judge if you can afford the loan or not. Moreover getting a land loan will also depend upon your credit score and income.

You can also speak to the lenders of this community and get a no obligation free mortgage consultation from them. This will help you to know the rates and terms you will be receiving.

Thanks
Icon Mini Profile dilipgagare




Joined: 26 Mar 2009

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PostPosted: Thu Mar 26, 2009 8:50 am    Post subject:

Dont worry you can get loan on land.
Mortage Loan is one type of loan that offer lot of insurance compaines.
A Mortgage Loan is offered on mortgage property which can range from personal mortgage property. means this land should have your name.

bank of America also provide loan on Land with low interest.
If your Land is agriculture land then you can get agriculture loan .

For Agriculture loan All banks provide low interest with lot of good facilities for you.
You can go through this link "http://www.bankofamerica.com/small_business/business_financing/index. cfm?template=agri_loans&statecheck=TX"
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