Buying land can open potential for business, investment or building a home, but lenders typically don’t offer traditional mortgages for land without a valuable structure on it such as a home.

Casey Bond is a seasoned personal finance writer and editor. In addition to Forbes, her work has appeared on HuffPost, Business Insider, Yahoo! Finance, MSN, The Motley Fool, U.S. News & World Report, ...

A land loan lets you borrow money to purchase an empty plot of land, although there are different types of “land” that fall under these products, ranging from raw land that has no access to utilities ...