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Raw Land Mortgages

Raw Land Mortgages

Raw land mortgages are the most difficult mortgages to obtain. Here are some of the reasons why lending institutions are not aggressive on lending on raw land.

  • Raw land normally does not generate income.
  • Raw land is the most unmarketable investment of all of real estate. It takes longer to sell raw land than other types of real estate.

As a result, the major lenders will only lend up to 50%-75%  of the land’s market value. 

 

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