Raw Land Mortgage Rates

Bare land acreage and lot loans.

Raw land mortgage rates.

Unimproved raw land is usually the hardest to finance or get with favorable terms. Call today to discuss your land loan 877 462 3422. Loan for lot land. Consult agamerica s team of land lending specialists on your next recreational tract purchase.

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. If the land you are looking to finance is located in california give us a call to discuss your scenario. Here are average current rates for a 10 year loan. Loan to value ratios on land loans are typically between 20 and 50 with most loans funding between 30 and 40 of the value.

Lenders consider raw land as the least desirable collateral for all land uses. 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. Both fixed rate and fixed to adjustable interest rates are available with a variety of repayment options. Agamerica lending offers recreational and large tract land loans for wildlife aficionados of all types.

Most will require more money down up to 50 percent and charge a much higher interest rate. The better your credit score and more favorable your debt to income ratio the more likely it is that you qualify for lower rates. Larger down payments land loans typically require a larger down payment than traditional mortgages often as much as 20 to 30 of the asking price.