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Compare The Leading Lot Loan Lenders
[/vc_cta][vc_row_inner content_placement=”top” gap=”10″][vc_column_inner width=”1/6″][/vc_column_inner][vc_column_inner el_class=”cta-2-button” width=”1/3″][vc_cta h2=”” txt_align=”center” shape=”square” style=”custom” use_custom_fonts_h2=”true” custom_background=”#2a67b4″ custom_text=”#ffffff” el_class=”cta-2″]It’s Simple As 1..2..3![/vc_cta][/vc_column_inner][vc_column_inner width=”1/3″][vc_btn title=”Show Me Lenders!” style=”custom” custom_background=”#81d742″ custom_text=”#ffffff” shape=”square” size=”lg” align=”center” el_class=”cta-3″ css=”.vc_custom_1549736970878{padding-top: 0px !important;padding-bottom: 0px !important;}” link=”url:https%3A%2F%2Fhomeconstructionmortgages.com%2Flot-loan-lenders%2F|||”][/vc_column_inner][vc_column_inner width=”1/6″][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1466914035505{padding-top: 15px !important;padding-bottom: 45px !important;background-color: #ecebe9 !important;background-position: 0 0 !important;background-repeat: repeat !important;}”][vc_column el_class=”steps”][vc_row_inner css=”.vc_custom_1501680166983{padding-top: 45px !important;padding-bottom: 45px !important;}” el_class=”steps-inner-row”][vc_column_inner el_class=”step-1″ width=”1/3″][vc_icon icon_fontawesome=”fa fa-map-o” color=”custom” size=”xl” align=”center” custom_color=”#2a67b4″][vc_column_text]
1: Pick a State
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2: Pick a Lender
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3: Find Your Perfect Lot Loan
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As Seen On:
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Still Unsure About Lot Loans?
It’s OK! We get it you aren’t a loan guru, yet. Here is the bare bones, no bull explanation of these specialty products.
The lot loan is simply money that is loaned from a lending company or bank to a borrower who is looking to build a primary or secondary residence.
This specialty loan is used to finance the purchase of the land. Usually, with the expressed intent that the borrower will build on or improve the land.
Lending terms can vary widely by the lender and are available in fixed rate, ARMs, and line of credit. It pays to consult multiple lenders.
See each lender for a thorough explanation of how a lot loan could benefit you.[/vc_column_text][/vc_column][/vc_row][vc_row full_width=”stretch_row” equal_height=”yes” css=”.vc_custom_1469333408025{background: #004896 url(http://www.physicianbanks.com/wp-content/uploads/2011/09/bg-page-section-00fcdc3f6a998791f63bb32dc69b1105.png?id=2996) !important;background-position: 0 0 !important;background-repeat: repeat !important;}” el_class=”white-text”][vc_column width=”2/3″ css=”.vc_custom_1469332710176{padding-bottom: 30px !important;}”][vc_column_text]There are FOUR unique ways that make lot loans the most practical choice.
- Save capital and liquidity. You do not have to pay up front and tie up a large amount of capital. Capital that may be required to secure a loan.
- The bank helps protect you from fraud. It’s like having a big brother that pays to have huge law firms on retainer.
- Some lot loans can be combined with a construction loan at the same time!
- The land may be used as downpayment or equity in the construction loan.
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- Higher client loyalty typically from desirable high-income earners
- Some banks require you to have a checking, savings or investment account with them
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Which lot or land loan program is perfect for you?
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Blog
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Are you interested in a manufactured or modular home with lot? If so check out this Govloans.gov link
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