Financing vacant lot

[Carol Burns]

What are good rates/terms now for financing a single family lot?  1 acre near Charlotte, NC  TIA!!

[Kai Kopsch]

@Carol Burns Big lenders don't like financing a single-family lot because underwriting takes the same time as for a much more profitable SFH. Here in NC there are some smaller lenders how to offer land loans. Financing is available up to 80% of your land's purchase price or value, whichever is less, in a subdivision and up to 70% for financing raw land. Just to name a few: Welcome Federal Credit Union, AgCarolina Farm Credit, Truliant Federal Credit Union