Todd McCue

My Spn Shoots His First Buck!

I finally got tired of leasing hunting property. Took my own advice and purchased land purely for recreational use. After weeks of work and scouting, deer season was right around the corner. This youth season my son and I were after a buck. I thought t... Read >

Land Loans - Why are they so hard to get?

Answer: Land loans are simply hard to get because of three reasons. These reasons are: 1) Land loan lenders are limited in number compared to home loan lenders. 2) Few land loan lenders specialize in land loans and only land loans. 3) Land loans are... Read >

Oklahoma Land Run Still Alive!

Hammond Family Ranch Stakes Their Claim Today the land run looks different. Instead of horses and covered wagons, the current land seekers have 1 ton flat beds and stock trailers. Instead of a family being able to make a living on 160 acres, it n... Read >

Down Payments on Land Loans - What is Required?

Question: What is usually required for a down payment on a land loan? Answer: When looking for a land loan and trying to determine what you might need for a down payment you can typically expect a range between 20% to 40%. Each land lender has dif... Read >

Does all of the recent insecurity of the lending world affect my ability to get a land loan?

Question: Does all of the recent insecurity of the lending world affect my ability to get a land loan? Answer: No! Most of the insecurity has come from sub-prime lending in the residential world. It directly should not affect the capability of a la... Read >

Should I Get Preapproved Before Buying Land?

Question: Should I get preapproved before finding that perfect property to buy? Answer: YES! There are definite advantages to getting preapproved for a land loan. The number one reason: Money Talks!! Coming to a seller with a preapproval for financi... Read >

Land Loan Appraisals - Are they all the same?

Question: Is every land loan appraisal the same and are they all similar in cost? Answer: NO! Every lender has a certain required form of appraisal that must be preformed for a land loan. The more detailed the land appraisal is, the more it will cos... Read >

Long Term Fixed Rate Land Loan - Why should I choose one?

Question: Why should I choose a fixed, long term rate over a short term variable rate on my Land loan? Answer: Very simply, complete security. The longer you can fix an interest rate on a land loan, the longer you can guarantee your payment. With... Read >

L.T.V. -What does it stand for?

Question: What does L.T.V. mean and what priority does it hold to my land loan? Answer: The term L.T.V. stands for Loan To Value. This term is very important in determining if you can qualify for a land loan. L.T.V. represents the amount of loan ... Read >

Partial Open Prepay Land Loan - What is it?

Question: What is a partial open prepay land loan with Land Loan Specialists.com and why would I choose this land loan product? Answer: A partial open prepay loan is a land loan product used often in a long term purchase. It is a loan that has a gr... Read >