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can you get a loan for a house if the land is worth more then 2/3 of the house appraisal

by katie_houck144 from Zanesville, Ohio. Jul 7th 2014 Reply


Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions

Yes, but it really depends on the type of property overall. There are ocean front properties that sit on very small parcels of land with a cottage and the house is worth only a fraction of the land, so it is a case by case basis.

Jul 7th 2014
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#58 ranked lender in Georgia - 807 contributions

Yes, an appraisal values the land and house together, based on the limited info you provided

Jul 8th 2014
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