Land Buying Process
High-level steps and financing basics. Not legal, tax, or lending advice.
Are you the lender?
No. Lot Loan Lender is a referral and matching service. We connect you with preferred local loan officers and lenders who make any credit decisions. We do not lend or decide loan terms. Request a loan officer to get matched.
What should I check before buying land or a lot?
Confirm zoning, access (road/easements), utilities or septic/well feasibility, flood and environmental constraints, surveys, and any HOA or CC&R restrictions. Requirements vary by locality — work with local professionals.
How is a land loan different from a home mortgage?
Land and lot loans are often treated differently than purchase mortgages for existing homes. Down payment expectations, terms, and lender appetite can vary widely. Lot Loan Lender matches you with preferred local lenders who work in this niche; we do not set terms.
Improved vs. unimproved lots — does it matter for financing?
Yes. Lots with utilities, road access, and permits in place are often easier to finance than raw acreage. Each lender has its own guidelines.
Do I need a perc test or soil study?
If the property will use a septic system, many areas require percolation (perc) or soil evaluations. Ask local health departments and your builder or engineer what applies to your parcel.
How do I get started with financing?
Request a loan officer. We’ll help introduce you to a preferred local lender. Any approval or rate comes only from that lender.