Land loans for residential new construction

[Amy Ranae]

Hi!

I have to come to an agreement with a seller for 25 acres of land. I need a loan to purchase this before I can get my plans in order and subs lined up to build. I am approved for the conventional loan on the back end.

I’m looking for a 20-25% down land loan and then a 20-25% down construction loan to follow in a few months. We would self build as we are licensed general and electrical contractors.

Do you know any lenders who can help with this?

Thank you!