A land loan is used to finance the purchase of a tract of land. Unlike a construction loan, which helps you borrow the money for land and the building process, land loans are meant solely for buying the land. How you finance will likely depend on what type of land it is:...
You’ll need a raw land loan when you’re interested in buying this type of land. Getting a loan for land in this state is far more complex. This type of raw property loan is typically reserved for developers with experience buildingsubdivisionsor some business purpose. Builders will buy a ...
For example, many mortgage lenders require homeowners in high-risk flood zones to have flood insurance in order to get a loan. And if the federal government has given you grants or other flood assistance in the past, you may be required to have flood insurance to qualify for similar aid ...
Canary Islands protest against tourism: What does it mean for your summer holiday? Thousands of people took to the streets of Gran Canaria over the weekend to protest against mass tourism on the islands - will it make a difference if you have a holiday booked to the Canary Islands this...
Mortgage survey:A mortgage survey may be required by certain lenders before approving the loan to confirm the prospective property corresponds with the legal documents. Boundary survey:People use boundary surveys to determine the exact locations of a property’s boundary lines and corners. For example...
Financial Prep for Homebuying In addition to saving for a down payment, you'll need to pay down existing debt and plan for further out-of-pocket expenses. Jennifer CaloniaApril 11, 2025 Personal Loan vs. Bail Bond Personal loans can be cheaper than bail bonds and don't require collateral...
A bridging loan is a loan taken out to literally bridge the gap between paying for a purchase and waiting for funds to come in from a sale of another asset. A bridging loan will often be used by someone buying a property who has to wait for the proceeds from the sale of another prope...
Can You Have a Co-signer on a VA Loan? How to Apply for a Mortgage A local agent can help you stay competitive on a budget. They’ll help you get an edge without stretching your finances. Talk with a local agent Buying Renting ...
The type of loan that’s best for you depends on factors likeyour credit score, the loan amount and the vehicle you want. Lenders typically like to see regular income, alow debt-to-income (DTI) ratioand a good credit score. The stronger your credit score is, the more competitive your ...
On one project, there was a complex bit of loan eligibility reasoning that needed to be built into a database application. We decided that although the finished application would have the reasoning built into certain input screens, the reasoning could be a separate product. We imagined this ...