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can I borrow to purchase vacant land in wisconsin with 50% down

by jrewolinski3559 from South Milwaukee, Wisconsin. Apr 15th 2019 Reply


David R Youngs - Assistant Vice President (DavidRYoungs)
#65 ranked lender in Minnesota - 64 contributions

Vacant land isn't something that all mortgage lenders can work with, so it can sometimes be hard to find this. However as a broker with multiple underwriting options, I do have some options for land financing in Wisconsin. You may not even need 50% down. Feel free to call me at 651-636-284- Ext 12 or email me at dyoungs@progressivels.com if you would like to talk about your scenario OK? Thanks!

Apr 15th 2019
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David R Youngs - Assistant Vice President (DavidRYoungs)
#65 ranked lender in Minnesota - 64 contributions

I just noticed my phone number came over incomplete. My office number again is 651-636-2840 Ext 12

Apr 15th 2019
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,722 contributions

Yes.. but there are no "Conforming" type loans that allow for that.. you have to get with a local bank or credit union and ask if they do land loans... most that do them, can do it with 20 to 30 percent down.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Apr 16th 2019
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