Buying a parcel of land, either as a long term investment or on which to build a new home, is not quite as simple as you might think. Unless you’re in a position to pay cash up front, you’ll need to borrow some money to finance the purchase. But borrowing money to purchase raw land is not quite that straight forward.
Vacant Land Mortgage Loans are unique financial products, and they are handled differently than mortgages and other secured loans. If you’ve never purchased land before, you may find the process a bit more challenging than you expected. But at Sandhu & Sran Mortgaages help you understand how land loans work, and what your options are when looking for a lender.