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WebNov 23, 2024 · Lot Land Loan. Interest Rates: Around 4%-5.65% This type is typically reserved for land that already has some type of infrastructure or development. These types of properties are typically seen in residential areas that have already been reserved for home construction. WebLenders consider raw land as the least desirable collateral for all land uses. Most will require more money down (up to 50 percent) and charge a much higher interest rate. Loan for Lot Land Lot loans are usually available from local lenders and some national lenders. pottery painting winchester
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