Submitted by Anonymous on Sat, 01/16/2016 - 20:41
need to borrow money against my land
need to borrow money against my land
I have an undeveloped farm that I own free and clear its 70 acres and I
need to borrow $20,000 against it right away before I lose everything
but I don't think that my credit score is very good because its been a
few years since I had anything in my name because I've been drawing
total disability for about 5 years now I have had the land apraised and
surveyed and its worth $2500 an acre. My question is, is can I
borrow this money
1 Answers
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Go to a local bank and see what they can do - land loans are tough to find
Brian Barnes
Brian@Aimwithfocus.com
Nationwide Mortgage lender