Tag Archives: Lot

How does having our lot already paid for play into the equation for a home mortgage loan for building a house?

By pcgumban | April 19, 2009

shon h asked: For example, we are buiding a home for $300,000. We need a loan for $200,000 and our land is worth about $30,000. Do we receive “credit” for a clear lien - making the loan amount actually $170,000?Rent A Car Enterprise

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How can I get a house loan from the bank?

By pcgumban | March 24, 2009

baby g asked: Hi, I just got married and want to buy a house but they said we need our income information but neither have I or him made our first income yet. We want to move to San Antonio, Texas and buy a house but we don’t have an income nor a lot of [...]

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