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Interest rate on land loan
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Spincat
Posted 1/9/2011 19:51 (#1537734)
Subject: Interest rate on land loan


North Central Kansas
I'm sure there are a few on here who have loans on land. I currently have 2 that I have at
least 2/3 paid off, so there is very little risk to the bank. Plus land values have gone up. Currently,
one is at 6.9 and the other is at 6.5. Am I getting screwed over? How does yours compare?
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