You cannot finance land.


There are financing options for land, though they require more equity (or down payment). I had a client this week who has 20 acres of land with a house and utility buildings on it. This is typically not a Fannie Mae or Freddie Mac loan, so we went to non-traditional banks and lenders to find her a buy-out loan to pay off the seller financing loan she took when she bought the property.

Now she has good financing and can generate income off this land. Matching borrowers with the best bank is something I’ve always loved to do.

Got an unusual request or just a regular vanilla type loan? Call me.