It is hard to gain a loan in the current markets. You can apply for a loan online with Bank of America.
No, a loan for land is not the same as a mortgage. A loan for land is specifically for purchasing land, while a mortgage is a loan used to purchase a property, which may include land and a building.
Rural development loans are for people who plan on building on rural property or acreage. The best bet for you to aquire this type of loan is to contact the local bank where you wish to build.
When I filed my taxes they did not offer me same day but a one day anticipation loan for a pretty hefty fee.
Preconstruction Projects has some great information on obtaining a land loan before you begin construction.
No, a land loan is not the same as a mortgage. A land loan is specifically for purchasing land without any structures on it, while a mortgage is a loan used to purchase a property with a building or home on it.
There are lots of online resources for loan refinancing. The most famous are e-Loan and Lending Tree. Just google for 'online loan refinancing'.
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Yes, you can refinance a land loan by obtaining a new loan with better terms to replace the existing one.
You can use land as equity for a construction loan by offering the land you own as collateral to secure the loan. The value of the land will be assessed by the lender to determine how much you can borrow for the construction project. If the land has enough value, the lender may approve the loan based on the land's equity.
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Yes, a land loan is considered a type of mortgage.