Comments on: Is it possible to get a 30 yr mortgage on vacant land (to eventually build on a few years from now)? http://planning-financial.com/is-it-possible-to-get-a-30-yr-mortgage-on-vacant-land-to-eventually-build-on-a-few-years-from-now/ We offer the most comprehensive information on financial planning to help for your financial planners. Check our selected financial planning guides and financial future reviews at our site. Fri, 19 Mar 2010 23:48:41 -0500 http://wordpress.org/?v=2.8 hourly 1 By: Is it possible to get a 30 yr mortgage on vacant land (to eventually build on a few years from now)? http://planning-financial.com/is-it-possible-to-get-a-30-yr-mortgage-on-vacant-land-to-eventually-build-on-a-few-years-from-now/comment-page-1/#comment-3286 Is it possible to get a 30 yr mortgage on vacant land (to eventually build on a few years from now)? Fri, 19 Jun 2009 02:16:09 +0000 #comment-3286 [...] Of Home, Rate News, Reverse Mortgage, Tears For Fears, Vital Pieces, Year Fixed Rate Mortgages News Sources wrote an interesting post today onHere’s a quick excerptTags: 30 year fixed rate mortgages, [...]

[...] Of Home, Rate News, Reverse Mortgage, Tears For Fears, Vital Pieces, Year Fixed Rate Mortgages News Sources wrote an fascinating post today onHere’s a quick excerptTags: 30 year fixed rate mortgages, [...]

]]> By: Adoptive Father http://planning-financial.com/is-it-possible-to-get-a-30-yr-mortgage-on-vacant-land-to-eventually-build-on-a-few-years-from-now/comment-page-1/#comment-3277 Adoptive Father Thu, 18 Jun 2009 23:52:33 +0000 #comment-3277 Theoretically possible but no. Most lenders will only make one- to five-year loans on vacant land. If this were income producing farmland that would be different. Is is zoned agricultural? Do you have any Schedule F income? Why would you want a long-term loan in the first place? In general (does not always work this way) you will get a lower interest rate on a short-term loan.

Theoretically possible but no. Most lenders will only make one- to five-year loans on vacant land.

If this were income producing farmland that would be different. Is is zoned agricultural? Do you have any Schedule F income?

Why would you want a long-term loan in the first place? In general (does not always work this way) you will get a lower interest rate on a small-term loan.

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