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How much of a down payment is required on a land loan?

by lenny133 from Ambrose, Georgia. May 4th 2016 Reply


William J Acres (William_Acres)
#75 ranked lender in Arizona - 8,728 contributions

Since there are no "Conforming" set of guidelines for land loans, then any lender who does them will have their own rules.. but for most, because land is so speculative, lenders will require large down payments.. typically 30% or more. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

May 4th 2016
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Depends but I remember in the day it was only 50%. Are you doing construction too?

May 5th 2016
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