Would like a lot loan for 90% ltv. Lot is 1.5 acre and has utilities at the lot line

Not gonna happen.. when it comes to land loans, they are the most speculative, and as such.. typically lenders will not lend more than 50% to 60%... Maybe some credit union could possibly go higher, but I doubt it.. If your looking to build, then pay cash for the lot, and now the paid for lot becomes your deposit for a construction loan.. once it's complete, you apply for a mortgage, and you probably wont need any money down... 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

I have not heard of a conforming lender that can finance anywhere near 90% LTV.I would suggest talking with your local community bank where you have a banking relationship and see if they can help you with a portfolio loan.

Obviously, your only alternative to the excellent answers you have received thus far would be to find a lot owned by someone willing to work with you on a private loan. Then, you would seek a construction loan to build your home. Now most construction loans are 20% down and maybe you are unable to put that much down in the near future if you are planning on building a home.There is an FHA construction loan with a very low down payment, however, lenders providing that loan are very scarce. You will have to do some digging. I had heard of a lender out of Texas saying they do those loans a year ago. We only do the FHA rehabilitation loans.