We Can Assist You With Buying Raw Land

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

We are Canada's Leading Mortgage Company

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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.

Not only is Stephanie knowledgeable and resourceful, she’s also a delight to work with. Stephanie supported my partner and I (both self-employed) every step of the way and made sure we were clear on our requirements and options. Top-quality customer service and the best possible end result. Would recommend to anyone seeking a mortgage!

Jess R

An amazing mortgage broker! It only took her 4 days- once we gave her all requested information! Very professional and organized! Highly recommend her!

Dawn S

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.