Raw Land Mortgage Rates

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.

Raw land mortgage rates.

Lenders consider raw land as the least desirable collateral for all land uses. 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. If you are purchasing raw land the preferred down payment can be as much as 30 to 50 of the total cost.

Most will require more money down up to 50 percent and charge a much higher interest rate. Bare land acreage and lot loans. 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. Consult agamerica s team of land lending specialists on your next recreational tract purchase.

Both fixed rate and fixed to adjustable interest rates are available with a variety of repayment options. 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. Get a loan to buy bare land in the country or a lot located in a small town. If the land you are looking to finance is located in california give us a call to discuss your scenario.

Unimproved raw land is usually the hardest to finance or get with favorable terms. 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. Call today to discuss your land loan 877 462 3422.