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Also, some land loans have significantly shorter repayment terms than a typical 15- or 30-year term you might get with a mortgage loan. 5 land loans to consider to finance your land purchase.

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EDA votes yes for land purchase – Under Virginia State Code the EDA has the authority to take out loans and secure bonds with approval from the. The issue has been controversial in Greene County because the land is zoned B-3.

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About VA Loan Limits. The standard VA loan limit is $484,350 for most U.S. counties in 2019, an increase from $453,100 in 2018. That means qualified VA buyers in most parts of the country can now borrow up to $484,350 before needing to factor in a down payment.