Hi
I was recently been gifted some land ( about 3 acres ) and am currently looking into the option of building my own house. The problem is i have a pretty poor credit rating and so far banks wont give me a morgage because of it so i was wondering if anyone knew if its possible to use the land to help secure a loan/morgage i am looking for around 170k
I was recently been gifted some land ( about 3 acres ) and am currently looking into the option of building my own house. The problem is i have a pretty poor credit rating and so far banks wont give me a morgage because of it so i was wondering if anyone knew if its possible to use the land to help secure a loan/morgage i am looking for around 170k