Direct Private Capital Group, Inc.

Land loans are available for various situations, including purchasing land for rural or commercial purposes.

Land loans can be used to purchase land for commercial or residential use. If you’re looking to build a home on your new property, you may want to consider a land loan as an alternative to traditional financing options.

If you plan on developing the land and selling it at a profit, or if you’re planning on building another structure on the property, this type of loan might be right for you.

In addition to land purchase loans, some lenders offer construction loans for those who want to build their own homes and need financing for materials and labor. These loans can be used with land purchase loans or alone, depending on your construction project.