jeffw@ism780 (02/27/86)
Currently I'm in the midst of trying to arrange financing for a residential lot in the Half Moon Bay area of California, but I'm finding it difficult to locate a lending institution that will lend money on unimproved land. Though I'm sure that lending institutions don't care one way or the other about my motives for attempting to purchase the property, I'm not getting into this for speculative reasons and I am planning to build a home on the property within the next 2 to 3 years. Can anyone out there recommend a bank or S & L in California (preferably the Bay area or Los Angeles area) that is willing to make loans on land? thanks, jeff wise decvax!cca!ima!ism780!jeffw