Getting a Land Loan Is Trickier Than Getting a Mortgage Fact checked by Melody Kazel A land loan is a type of credit used to finance the purchase of a plot of land. It’s sometimes called a lot loan.

A land loan lets you borrow money to purchase an empty plot of land, although there are different types of “land” that fall under these products, ranging from raw land that has no access to utilities ...

The loan options for purchasing land differ from a home purchase mortgage and are usually more expensive. Land plots for sale can be difficult to find. Some real estate agents are Accredited Land ...

ENGLEWOOD, N.J., July 23, 2025 /PRNewswire/ -- When a local mortgage broker needed help securing funding for a $2 million land deal in Suffern, New York, they turned to Chase Wolfer—a funding ...

Buying land can open potential for business, investment or building a home, but lenders typically don’t offer traditional mortgages for land without a valuable structure on it such as a home.