Does anyone know a lender (conventional) who will lend on vacant land in Southern California? If so, what is the amount of down payment usually required?
It depends on the amount of acreage. I did a deal in Texas last year for 42 acres of raw land, and the bank lent to 65%. Bank of America will loan in California and they will do vacant land to 50%. If it is 10 acres or less it is possible to find 100% financing.
Depends on what you are going to do with the vacant land. Purchase lot and build your home?