Find Your Favorite Place

Land Loans for First Time Land Buyers

August 01, 2020 Billy McOwen Season 1 Episode 5
Find Your Favorite Place
Land Loans for First Time Land Buyers
Chapters
Find Your Favorite Place
Land Loans for First Time Land Buyers
Aug 01, 2020 Season 1 Episode 5
Billy McOwen

Billy McOwen talks with Neil Songer the VP of Southern Bank's Manteo Branch on what is involved in pre-qualifying, and underwriting land loans for first time land buyers.  Details cover the underwriting process, down payments, rates and terms, optional loans for clients who wish to purchase the land now and build later.  Everything you need to know about getting a land loan or a loan for a rural residential purchase. 

Show Notes

Billy McOwen talks with Neil Songer the VP of Southern Bank's Manteo Branch on what is involved in pre-qualifying, and underwriting land loans for first time land buyers.  Details cover the underwriting process, down payments, rates and terms, optional loans for clients who wish to purchase the land now and build later.  Everything you need to know about getting a land loan or a loan for a rural residential purchase.