Buying land can open potential for business, investment or building a home, but lenders typically don’t offer traditional mortgages for land without a valuable structure on it such as a home.

Construction loans are short-term, interest-only loans used to build on undeveloped land. Qualification for FHA construction loans requires a 3.5% to 10% downpayment and a credit score of 500+.

Construction loans may cover the costs of buying land, drafting plans, taking out permits and paying for labor and materials. You also can use a construction loan to access contingency reserves—if ...

Discover how back-to-back commitment loans work, their advantages, and how they help mitigate lender risk, especially in construction financing.

If you’re looking to buy a home, you’re probably well aware that the housing supply is limited and prices are high across much of the country. The American housing market has been affected by a ...

Land is an asset that most people want to own. But with land costs soaring across the country, buying residential plots has become a tough task, especially in the metros and tier-1 cities. With land ...