We Can Assist You With Buying Raw Land

Navigating the complexities of raw land acquisition, with GoToBrokers
Your Alberta Mortgage Experts

We are Canada's Leading Mortgage Company

This field is for validation purposes and should be left unchanged.

Buying Land with GoToBrokers

buying land - leduc mortgage brokers - gotobrokers - stephanieBuying land is becoming more popular with Albertans. I am happy to inform you that the process has been simplified.

There are many factors that affect the amount you will require to put down. We will consider the following:

  • How large is the land
  • Where is it located
  • What is the zoning
  • What is the intended usage
  • Is it farmland

Where the property is located will help determine the down payment:

If your property is within town limits and has community water and sewer, the down payment will be: 20-25% down.

If you are buying a smaller acreage, then 20-30% would be required down. Most of these properties work out to be within 22-26%.

The larger packages of 60 acres or more will require a minimum of 35% down.

Often the tool used will be the postal code for the area. Most lenders have grids mapped out by the postal code.

If you are buying farmland, then we will use Farm Credit to assist you. If you plan to farm the land, then Farm Credit’s programs will be of interest to you.

If you are purchasing residential or agricultural land, then we will use a traditional lender.

The first place to start is to call our office. When we speak, we will go over your intended usage of the land. Upon uncovering your needs, we will be able to confirm the exact amount required. As lenders are always amending policies, our conversation will clarify your requirements and the policies rotating around them.

We are here to assist you.

buying land - leduc mortgage brokers - gotobrokers - picture of jeep

Highly Recommended

Find out why hundreds of others choose Go To Brokers as their Alberta mortgage broker of choice.

We worked with Stephanie Lopushinsky with Dominion Lending for our most recent home purchase and could not recommend her enough, she helped us through all aspects of our purchase and was there to help and answer questions even before we asked. She was a tremendous help and anyone who uses her services will be very great full and lucky. Do yourself a favor and get in touch with Stephanie on your next home purchase.

M Silver

Stephanie is amazing, she is the best broker ever, professional, knowledgeable she is always there for you I highly recommend her, when others brokers or banks tell you “no”, she will work with you and found a way to help you to get your dream house.

Rosario R

Stephanie Lopushinksy was a pleasure to work with. My client was working with her as we have recommendations of our own. Most brokers do not even acknowledge the agent at all or keep us in the loop within the privacy of our mutual client. I would most certainly use her again and recommend her to my clients knowing they would be in good hands.

Shawna R

Are you ready to build your dream home on the perfect piece of land? We’ll help you navigate the process of getting a land loan and construction mortgage so you can get started right away.