Buying raw land can be a great idea if you are looking to build your ideal property or as an investment. With this said, the mortgage approvals are different when buying raw land because raw land is not considered to be as ‘turn key’ as a property with infrastructure and a home already on it. As a result it can be more difficult to buy raw land.
Although it can seem more difficult, we are here to help make raw land mortgages simple and straight forward. We have experience guiding clients to cost effective raw land mortgages with reasonable mortgage rates. Contact me today for a free no obligation consultation on your raw land mortgage pre-approval.
Brent Richardson, Ontario Mortgage Broker