jon's about to file for divorce

[juji]

I think you should listen BGD, he has point, hell, I would send him PM to request his advices... what are benefits to buy the terrain and I build my own house?

Land loans are different from mortgages for home purchases. For lenders, land loans are riskier because the loan's collateral, the property, isn't being used for housing because of that risk, down payments and interest rates are higher for land loans than for mortgage loans. Oh yes, bgd is right.

[Cams Purple Lambo]

I think you should listen BGD, he has point, hell, I would send him PM to request his advices... what are benefits to buy the terrain and I build my own house?

Land loans are different from mortgages for home purchases. For lenders, land loans are riskier because the loan's collateral, the property, isn't being used for housing because of that risk, down payments and interest rates are higher for land loans than for mortgage loans. Oh yes, bgd is right.

i would honestly think a mtg for land would be marginally lower than a mtg for a home just on the basis that improvements to land appreciate either slower or depreciate and land generally appreciates, but i don't know the answer to this.

like i think when the assessor values your home for taxes they do the land and the house at different rates idk