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land loan

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Guest	Posted: Sat Aug 06, 2011 3:26 pm    Post subject: land loan Like 0 Dislike 0 I am trying to obtain a loan using my land that I own in another State (Georiga) for down payment on a house I want to purchase in the state I live in (Delaware} the properties in Georiga are valued at 7,000 & 8,000 dollars they are two side by side lots.
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Sun Aug 07, 2011 10:03 pm    Post subject: Like 0 Dislike 0 Welcome Guest, You should contact the Georgia based lenders and check out whether or not you can qualify for a land loan. In order to get a land loan, you need to have excellent credit scores and stable income. If you fulfill this criteria, then it will be easier for you to qualify for a loan. _________________ Procrastination is the enemy of your financial success
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 514 Location: Australia 82.40 Dollars($)	Posted: Mon Aug 08, 2011 1:38 am    Post subject: Like 0 Dislike 0 You definitely have to know the qualifications of getting a land loan and this will have to depend if you can meet up with their requirements. Consult for a mortgage broker to help you out on getting a loan approval and get the house that you want to purchase as soon as possible. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker

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