Buying land can open potential for business, investment or building a home, but lenders typically don’t offer traditional mortgages for land without a valuable structure on it such as a home.
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What property buyers should know about land loans
A land loan lets you borrow money to purchase an empty plot of land, although there are different types of “land” that fall under these products, ranging from raw land that has no access to utilities ...
Casey Bond is a seasoned personal finance writer and editor. In addition to Forbes, her work has appeared on HuffPost, Business Insider, Yahoo! Finance, MSN, The Motley Fool, U.S. News & World Report, ...
ENGLEWOOD, N.J., July 23, 2025 /PRNewswire/ -- When a local mortgage broker needed help securing funding for a $2 million land deal in Suffern, New York, they turned to Chase Wolfer—a funding ...
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Land Loans: Everything You Need To Know
Getting a Land Loan Is Trickier Than Getting a Mortgage Fact checked by Melody Kazel A land loan is a type of credit used to finance the purchase of a plot of land. It’s sometimes called a lot loan.
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