Land Purchase, Structure?

[Rene Martinez]

I have purchased several homes over the years but now am focusing on some land. My leader said she would not assist, that I needed to contact a bank. How do these get structured Similar to a home down payment? 20% Then is it 7yrs, 15yrs, 30? These is so much conflicting info out there, I don't wanna get sent down the wrong path. Thanks in advance!

[Ned Carey]

@Rene Martinez typically lenders do 50% LTV on land. Land inherently has more risk.

What are you going to do with the land? How you finance it will have some implications on the best way to finance.