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Old 02-05-2013, 02:21 PM   #6
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Pikemommy
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Join Date: Jan 2010
Location: Michigan
Posts: 3,386
Re: Down payment for land loan?

Just for land it was 30%.
Another option is to sign a contract with a builder. Many will buy the property you want and tie that cost into the cost of the build/construction loan/mortgage. This only works if you are planning on buying and building right away.
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Lindsey with DH 1/06. Sonographer turned SAHM to:
N 10/06 7lb 9oz 23in, L 5/09 6lb 12oz 20in , and
R 1/11 8lbs 7oz 21.5in, 2/14, 4/14, 5/14, & a lost twin at 9wks 8/14.
S 3/15 7lbs 15oz 20.5in
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