While US Land Traders does not typically finance land, this question comes up often enough that we would like to offer some alternative sources of funding. Below is a small list of companies that can provide funding for land or other ‘unsecured’ purchases. With a loan from one of these lenders, you could cover the purchase price of the property, and possibly start building your dream vacation home!
This is by no means a comprehensive list, and US Land Traders is in no way affiliated with these companies in any way. Please do your own research, and determine which funding source is appropriate for your situation.
(From the LightStream website, http://www.lightstream.com):
LightStream delivers a revolutionary loan experience that allows customers to focus on their purchase, rather than on their financing. With their innovative lending products and proprietary technology, consumers with strong credit profiles can receive highly competitive, fixed rate financing via an easy, fast and virtually paperless loan process. From the convenience and comfort of their computer or mobile device, customers can apply, be approved, sign their loan agreement and receive their funds, as soon as the same day of their application.
Prosper is a peer to peer lending company that offers personal loans at low rates. These loans are unsecured, which means you do not have to put up any collateral (like a house or car) that could get taken away if you can’t make payments. Each loan is typically funded by multiple people all over the United States.
(From the Fund&Grow website, https://www.fundandgrow.com/):
Fund&Grow is a Florida based Corporation providing financial and strategic advisory services to mostly domestic clients, and some non-U.S. clients with credit eligibility. An A+ Better Business Bureau-rated financial services firm, Fund&Grow helps small businesses and real estate investors obtain unsecured funding (up to $250,000 and more) via creative Zero Interest Business Credit Lines. Inc 5000 In 2016, Fund&Grow ranked #2490 in the Inc. 5000 list of America’s fastest growing companies. Founded by a real estate investor and former owner of a California based Mortgage brokerage, Fund&Grow now funds thousands of entrepreneurs each year. Fund&Grow has formed many profitable relationships with some of the largest financial institutions, affiliate networks, attorney and financial advisory firms in the country.