Financing Raw Land Purchases

Purchases of raw land are typically limited to a LTV (loan to value) of approximately 50% depending on zoning and purpose.

Eligibility criteria for financing raw land purchases can vary depending on the lender and specific circumstances, but generally, applicants should have a stable income, a good credit history, and a solid plan for the land’s intended use, such as residential development.

Lenders typically assess factors like the borrower’s debt-to-income ratio, the property’s location and value, and the borrower’s ability to make a down payment.