Posted on: 07th Feb, 2011 06:42 am
Hello I would like to know if I can gat a loan on my land in maine its 14 arces with a new 34x44 building, I owe no money on this property, I need a no credit check loan, Iam only looking for 8000.00 dollars for emergancy truck repair
Hi messierken!
Welcome to forums!
You can get a land loan using the land as the collateral. However, before the lender gives you the loan, he will check your credit as well as employment situation. If you don't have the required credit scores or a stable employment, the lender may not give you the mortgage.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can get a land loan using the land as the collateral. However, before the lender gives you the loan, he will check your credit as well as employment situation. If you don't have the required credit scores or a stable employment, the lender may not give you the mortgage.
Feel free to ask if you've further queries.
Sussane