Texas Dreamland Awaits With Perfect Recreational Land Loans

Financing and Down Payment

Securing a recreational land loan often requires a substantial down payment, typically ranging from 20% to 50% of the property's purchase price. This requirement reflects the lender's need to mitigate risk, as land purchases do not include structures that can serve as collateral. Potential buyers should be prepared to provide proof of income, a strong credit history, and a clear plan for the land's intended use.