Raw Land Mortgage Rates

Most will require more money down up to 50 percent and charge a much higher interest rate.

Raw land mortgage rates.

Even if you plan to build a future home on the property in most cases water well and septic aren t required at time of financing. Unimproved raw land is usually the hardest to finance or get with favorable terms. Here are average current rates for a 10 year loan. Get a loan to buy bare land in the country or a lot located in a small town.

Both fixed rate and fixed to adjustable interest rates are available with a variety of repayment options. If the land you are looking to finance is located in california give us a call to discuss your scenario. Consult agamerica s team of land lending specialists on your next recreational tract purchase. If you are purchasing raw land the preferred down payment can be as much as 30 to 50 of the total cost.

Whether you re a hunter hiker angler or conservationist buying a large tract of recreational land is a goal that we can help you realize. Bare land acreage and lot loans. Agamerica lending offers recreational and large tract land loans for wildlife aficionados of all types. Loan to value ratios on land loans are typically between 20 and 50 with most loans funding between 30 and 40 of the value.

Call today to discuss your land loan 877 462 3422. Lenders consider raw land as the least desirable collateral for all land uses. California land lot acreage ranch farm loan financing entitlements improvements avoid tax sales land purchase and refinance rates start at 9 99 ltv up to 50 loan amounts from 50 000 to 1 000 000 1 3 year terms no prepayment penalty.