My husband & I currently live in a mobile home. (Great starter home!) we want land & to build. We found property 4.1 acres, very close to where we want to live. The asking price is $28k. We want to buy the land (mortgage if possible) pay where we live off (3-5yrs) sell it & start building. In the 3-5 yrs we could get the land clear it's woods now.
My question is are we able to do that? Mortgage on just land?
Money down?
My husband employer has its credit union that he has an account. Is that better?
Read more: Can you get a Mortgage on just land (plans to build later)?
