Texas Recreational Land Loans Made Simple Act Now

Financial Considerations and Pricing

When considering a recreational land loan, it's essential to be aware of the financial requirements. Down payments for recreational land loans are generally higher than those for traditional mortgages, often ranging from 20% to 50% of the land's purchase price. Interest rates can also vary based on credit scores, the loan term, and the lender's policies. As of recent reports, interest rates for land loans can range from 4% to 7%¹.