Raw Land Mortgage 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.

Raw land mortgage rates.

Lenders consider raw land as the least desirable collateral for all land uses. The better your credit score and more favorable your debt to income ratio the more likely it is that you qualify for lower rates. 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.

Loan for lot land. Most will require more money down up to 50 percent and charge a much higher interest rate. Get a loan to buy bare land in the country or a lot located in a small town. Call today to discuss your land loan 877 462 3422.

Bare land acreage and lot loans. Unimproved raw land is usually the hardest to finance or get with favorable terms. 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.

Agamerica lending offers recreational and large tract land loans for wildlife aficionados of all types. 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.