Posted on: 06th Aug, 2011 03:26 pm
I am trying to obtain a loan using my land that I own in another State (Georiga) for down payment on a house I want to purchase in the state I live in (Delaware} the properties in Georiga are valued at 7,000 & 8,000 dollars they are two side by side lots.
Welcome Guest,
You should contact the Georgia based lenders and check out whether or not you can qualify for a land loan. In order to get a land loan, you need to have excellent credit scores and stable income. If you fulfill this criteria, then it will be easier for you to qualify for a loan.
You should contact the Georgia based lenders and check out whether or not you can qualify for a land loan. In order to get a land loan, you need to have excellent credit scores and stable income. If you fulfill this criteria, then it will be easier for you to qualify for a loan.
You definitely have to know the qualifications of getting a land loan and this will have to depend if you can meet up with their requirements. Consult for a mortgage broker to help you out on getting a loan approval and get the house that you want to purchase as soon as possible.
