Posted on: 22nd Mar, 2011 04:50 pm
Would like to borrow $25,000 using a raw land lot valued at $125,000. Where can I find a lender?
Welcome jeff_mccrory,
You need to contact the local lenders in order to get a loan using the raw land as a collateral. However, in order to get a loan, you should have a good credit score and income.
You need to contact the local lenders in order to get a loan using the raw land as a collateral. However, in order to get a loan, you should have a good credit score and income.