Updated over 5 years ago on . Most recent reply
Out-of-state land purchase
My girlfriend and I are looking at buying land out-of-state within 1-2 weeks. We are having trouble understanding what institution is ideal for getting a loan, securing pre-approval, etc.
We were given a rate from one bank at 6.5%, and some other unfavorable terms (according to our local real estate agent friend and his connected lenders).
Does anyone know of the best way to get a loan for land that is out-of-state?
I'd love to hook up with a lender someone trusts and likes, because we are literally looking to buy land with 1-2 weeks.