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Land Loans

What information is needed to complete a land loan application?

Apr 7, 2020, 14:01 PM
Question : What information is needed to complete a land loan application?
Real estate financing decisions are made on a mix of information which may include a credit bureau report and one or more years of a statement of financial position (balance sheet), income statement (tax return) and/or projection. For the online application, you'll enter information about the land you want to purchase, the type of loan you desire and the applicant's assets, liabilities and income. 

About FarmLend

 

What information is needed to complete a land loan application?

Apr 7, 2020, 14:01 PM
Question : What information is needed to complete a land loan application?
Real estate financing decisions are made on a mix of information which may include a credit bureau report and one or more years of a statement of financial position (balance sheet), income statement (tax return) and/or projection. For the online application, you'll enter information about the land you want to purchase, the type of loan you desire and the applicant's assets, liabilities and income. 

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