How Land Equity Works With a One-Time Close Construction Loan If you already own the land where you plan to build, the equity you have accumulated may help reduce—or potentially satisfy—the required down payment on your One-Time Close construction loan. If you Own the Land Outright The available equity in
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 Yet many potential buyers get sidelined by an outdated myth: “You need at least 20% down to finance land.” The truth? You don’t. At
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 countless families through this journey. With the right approach—including innovative financing
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 options. Compare our programs below to find
No Down Payment Land Loans: Own Land Sooner Without Waiting Years For many buyers, owning land feels out of reach because traditional banks often require large down payments, strict credit guidelines, and lengthy approval processes. Fortunately, qualified buyers may be able to purchase raw land with no down payment, making
