With that being said, they are out bofa personal loan apr. Another option might be contacting local banks and credit unions. These institutions are interested in more than just loaning you 50K for a piece of earth. They also want your deposits and investments. Thus, they may consider lending on your lot if it gets you in their door. There are also some large lenders out there that offer lot loans including Wells Fargo and 5th Third Bank.
You might want to check out their web sites to see if they might have a product that might work. Solutions personal loans in schenectady ny Financing Lot and Land Loans: You may want to consider doing a cash-out refinance or equity line of credit on your primary residence to finance the lot.
If this option is economically feasible, you may end up with a lower rate and payments, and a more extended payment term than you could not get with a traditional lot or land loan.
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