: These are the hardest to secure and usually require the highest down payments—often 35% to 50%.
: For plots that are "build-ready," complete with access to public roads, water, and power. types of loans to buy land
If you plan to build immediately, a construction loan might be a better fit than a simple land loan. These are short-term (typically 12–18 months) and cover both the land purchase and the building costs. Land Loans: What You Should Know | First State Bank : These are the hardest to secure and
: For land that has some basic features (like a gravel road or partial utility access) but isn't fully ready for construction. types of loans to buy land