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re: Buying land with plans to build in future.

Posted on 10/19/21 at 11:48 am to
Posted by carbon
Baton Rouge
Member since Nov 2012
12 posts
Posted on 10/19/21 at 11:48 am to
Just purchased 2 acre lot with CSE Federal Credit Union. Required 15% down with 3.2% fixed rate for 20 years. JD Bank also offered similar setup but with 3.5%, however had fixed rate for 3 years then balloon or refinance.
If you look around, you will find some good deals.
Posted by bubbz
Baton Rouge
Member since Mar 2006
22841 posts
Posted on 10/19/21 at 1:05 pm to
Efcu Financial does 100% financing on land loans if you meet the qualifications (credit score/income)
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