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loan against my land

I would like to know can I borrow money and use my land as collateral?

smith.sussane's picture
smith.sussane | Joined: September 18, 2008 09:57 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi ronnine!

Welcome to forums!

You can use the land as a collateral in order to borrow money. You will have to contact the local land loan lenders in order to get such a loan.

Feel free to ask if you've further queries.

Sussane

Like | Dislike | Share | Posted: Thu, 02/04/2016 - 23:50 | Post subject:

jameshogg's picture
jameshogg | Joined: December 20, 2005 02:58 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi ronnine,

As Sussane has said, you can borrow money by using the land as collateral. This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and check out if they can help you getting a land loan.

Thanks

Like | Dislike | Share | Posted: Thu, 02/04/2016 - 23:50 | Post subject:

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