Financing Land Purchase In Colorado

While using a farm credit institution is more cost effective than owner financing or leasing to buy it is more costly than purchasing in cash.
Financing land purchase in colorado. It can be difficult for some buyers to come up with. Buying raw land can be significantly cheaper than buying already improved land but it will be harder to find a lender willing to finance your purchase. Competitive interest rates flexible terms ranging from. Up to 60 months and 61 120 months.
Find lots acreage rural lots and more on zillow. Owner finance land for sale. Pre qualifying for a colorado land loan. Search land for sale in colorado.
Owner financing available 500 down 283 per monthgps center. Remember that land loans can vary daily because of each lenders specific guidelines. Drop us a line. Farm credit institutions typically seek at least 20 percent down payment for a land purchase.
If you do find a lender willing to work with you on your purchase of a raw parcel you may find that your loan will fall under the umbrella of commercial lending in which case you should. Get a loan to buy bare land in the country or a lot located in a small town. Raw land loans that dream piece of land in the rocky mountains is within your reach with pikes peak credit union s raw land loans. Land loan rates will vary depending on the credit package.
Eliminate wasted time in the purchase transaction with a pre approval. Not the cheapest way to buy land. We help you buy land at steep discounts with hassle free owner financing. Our land loans require an appraisal are for colorado real estate only and the amount financed cannot be over 200 000 or 70 of the appraised value or selling price.
Even if you plan to build a future home on the property in most cases water well and septic aren t required at time of financing. We offer competitive rates and flexible terms to help you buy unimproved property in colorado s el paso teller and park counties. We offer two fixed rate loan options. Both fixed rate and fixed to adjustable interest rates are available with a variety of repayment options.
Drop us a line. We are a company the specializes in selling discounted owner finance land for sale by owner. A land loan allows you to purchase a lot and stake your claim before you ever begin to think about construction alleviating a few of the unknowns that can come along with a new home build.