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Refinancing a land loan

I bought a 2.1 acre lot of land in a new residential development in Dallas, Pennsylvania in August 2009. Most of the lots have been sold but many are still undeveloped. I am interested in refinance my land loan. Do you provide this service or do can you refer me to a company that does provide this service? Thank you,JGK by jkegel from Dallas, Pennsylvania. Jan 8th 2013 Reply


William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

I'm surprised you actually found anyone in 2009 to do a land loan... those types of loan products have all but disappeared... try contacting someone local... bank, credit union, mortgage broker.. Good luck though.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. 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

Jan 8th 2013
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Ken Burrows (mortgagesforamerica)
#19 ranked lender in Nevada - 572 contributions

I would suggest a local credit union or smaller bank in the area. They are the best sources for these types of loans.

Jan 8th 2013
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#77 ranked lender in Florida - 2,240 contributions

Try Normandy, they may do the loan.

Jan 8th 2013
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Kevin Prince (KevinPrince)
#67 ranked lender in Pennsylvania - 26 contributions

You may want to try Associates Bank. They do lot loans and you can reach them at 866-536-3222. I dont know if they will do it in your area but it may be bworth a phone call. Happy New Year. Kevin PrinceSVP Liberty One Appraisal Leadership858-926-8903

Jan 8th 2013
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,240 contributions

William and others have the best suggestion to contact a local credit union or smaller local based bank, they are the most likely to be able to help you. FYI, it may be difficult to find a lender who will do this unless it is part of a loan to build a home on the property.

Jan 8th 2013
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Greg Bleyl (GregBl)
#161 ranked lender in Florida - 5 contributions

Would you consider refinancing the land and the construction of a new home at the same time?

Jan 8th 2013
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