finally time to move from the burbs to buy my first farm. can I use a va loan for that even it doesn't have a house on the property? by greear140 from Bellevue, Washington. Aug 20th 2020
You can not use the VA for just land only. Let me know if you have other questions. Kyle2539701126 or 2534606000 Local. Take care
Traditional mortgages (VA, FHA, Conventional) are for residential dwelling on a parcel of land. If you are looking to purchase raw land, seek out financing from a local Community Bank. Generally, the buyer invests 40% of the purchase price, and the lender will finance the other 60%. Buyers must be well qualified both in terms of income and credit. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.
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