Land Loan---is it possible?

I've had my eye on an attractive vacant lot and would consider buying it and building in the next couple of years.Does anyone know what the current environment is like on getting mortgages on vacant land?What are lenders currently requiring for down payments?Interest rates with optimal credit scores?Required start of construction times?I'd prefer not to be held to tight schedule, so packaged loans would be less desirable. by rob_2011 from Los Angeles, California. Jun 21st 2011 Reply