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LEZLI

2 weeks ago

Hi Howlers, Yes you can get a land loan - although lenders prefer to do both in the one loan. Would need to know your incomes to work out your borrowing capacity. There are restrictions on the size, as some residential lenders won't lend over 25 acres. Some will loan to 10 acres. Few will lend for 100 acres - then rates come in as to the LVR required. Will need more information to work out how I can help you. But I can - as I have access to over 40 lenders & private lenders as well. Look forward to hearing from you via my Profile Page. Kindest regards. Lezli

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Frank

3 weeks ago

Hi Howlers, Yes a number of lenders will do land only loans. The combination of size and postcode can create some restrictions as to the ratio of the value (LVR) that they can lend. So at some sizes it may knock some lenders out of the picture, but should be able to find something up to 40 hectares. Please get in touch if you would like to explore further details. Regards Frank

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