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Who do I contact for a loan using empty lot for collateral

Posted on: 21st Jun, 2010 11:26 am
Hi:

We need a loan as soon as possible to help pay for our daughter's wedding and some other expenses. We have an empty lot that is free and clear in Florida. Taxes are paid up. We live in California. Who can help us with a loan using the lot as collateral?
Hi tandc!

Welcome to forums!

You need to contact the local lenders who offer land loans. You will have to apply for a land loan with them. If you've excellent credit score and a stable financial situation, the lender will originate the loan for you.

This community, too, has a large number of lenders. You can seek a no obligation free mortgage quote from them. This will let you know what type of rates and terms you would qualify for.

Feel free to ask if you've further queries.

Sussane
Posted on: 21st Jun, 2010 08:21 pm
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