If you are considering the purchase or refinancing of land Value Funding Inc is here to guide you.
We are going to want to know the purpose of the purchase Will it be for agricultural use. Will it be to later build a home or other structure? Are you looking to refinance the land? in general Land is not seen as a very favorable asset class.
For the most part Land historically sits for a long time before it is used. However when the land is being used for example in a construction project it is no longer a land loan. The dynamics have changed whereby the lender sees this as project that offers greater value.
In many cases .. Better loan terms can be extended to the borrower for this type of transaction.
Call Value Funding Inc to learn about your land purchase and financing requirements.
We’ll be happy to send our loan proposal