6 Replies to “What are possible ways of getting loan for acquiring property?”

  1. In general banks do not lend money for the purchase of “land”. They’ll give you a mortgage if you intend to build on it right away. The best advise is to talk to the person selling the land. In most cases they will either finance it themselves, they may have a relationship with a credit union or someone else to hold a note on the land. In general these type notes require a good amount down, with a balloon payment within 3-5 years. The landowner is the place to start. Good luck.

  2. all other loans are costlier than housing loan. Moreover the Tax concession available only for housing loans.

    other ways are Personal loan, Mortgage loan, Jewel loan and other unsecured loans from known sources.

  3. I am Tracy White I lived in Canada with my son name Mark and my aged mother. Sometime last year I lost my husband leaving me and the family in debt so i need a money to pay back the debt and pay some the bills, so two months ago I was in search for a loan of $ 30,000, as i was running out of money to meet up things for my family and I was scammed $ 3000 and I decided not to involve my self in such business again.Last month a friend of mine introduced me to Mr. Felix Brown who is Managing Director of Felix brown loan firm.Due to the fact that i needed money to fix things right. I made a trial and I was given a loan without any delay so if you need a loan and you don’t want to be scam knowing that you can be trusted and reliable of paying back the loan at the due time I will advice you to contact him below are the address.Wish you the best of [email protected]
    Tracy White

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