Is there any 100% financing on land ? Arizona

Is there any 100 % financing on land? It is a piece of land in Arizona.


No, you’re looking at 75-85% depending on factors

stated or full doc
fico score
type of land (bare or lot)

Wachovia does a 100% lot loan here in Texas. Only for individual lots though, and raw land is not allowed. Bank of America has a full doc 90% interest only lot loan with a 720 or 80% LTV with a 680. Hope this helps.

Those products are retail only. You would have to go into a bank branch to get those loans. They are not available to brokers.