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95% LTV (5% Down Payment) Land Loan
A strong option for buyers seeking a stable fixed-rate solution. Minimum Credit Score: 650 Straight 15-Year Fixed Rate Loan Amount: $50,000 – $806,500 Up to 100 Acres Debt-to-Income Ratio: Up to 50% No Bankruptcy within 4 Years (exceptions considered) Boundary survey...
Flood Plain
Buying land is exciting, especially when you find the perfect property with beautiful views, mature trees, or extra acreage. However, if that land is located in or near a floodplain, it’s important to understand the risks,...
You Don’t Need 20% Down to Buy Raw Land – Stop Letting This Myth Hold You Back
Dreaming of owning raw land? Whether it’s for building your forever home, creating a homestead, camping escapes, or future investment, that dream feels closer than ever. Yet many potential buyers get sidelined by an outdated myth: “You need at least 20% down to...
How Do I Find Land, Figure Out If It’s Good to Build On, and Buy It With Confidence?
Finding and purchasing land for building a home can feel overwhelming, stressful, and full of unknowns. Many families worry about hidden costs, unsuitable terrain, financing hurdles, zoning issues, or overpaying. Yet clear patterns and proven steps emerge from guiding...
When applying for a Mortgage, Thou Shalt Not
Change or quit jobs, nor become self-employed Buy a Car of any type Buy Furniture with set-aside money Let accounts fall behind or charge cards excessively Change Bank Accounts or transfer money back and forth between accounts Stop paying rent or the current mortgage...
Land Loans for Rural Property | Oklahoma, Kansas | Compare Programs
Oklahoma & Kansas Land Loans: 5% Down or No Down Payment Options Looking to purchase land in Oklahoma, Kansas, Arkansas, or Missouri? Whether you're planning to build your dream home now or invest for the future, Spurr Mortgage offers two excellent land financing...