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re: Looking for a Lot Loan

Posted on 3/20/14 at 10:05 am to
Posted by Ford Frenzy
337 posts
Member since Aug 2010
6876 posts
Posted on 3/20/14 at 10:05 am to
why are banks so strict on lending to purchase land when land is your safest investment?
Posted by guesswho
BATON ROUGE
Member since Apr 2011
1467 posts
Posted on 3/20/14 at 10:11 pm to
Harder to sell land is why
Posted by Penn
Jax Beach
Member since Jan 2008
23452 posts
Posted on 3/21/14 at 1:16 pm to
Because land is just like a boat loan, it's the first thing that goes when something goes bad



Word through the grapevine is Dow is offering arm land loans, rates in the fours and lower


Pretty smart of them, most everyone is know is 6-7
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