{"id":3061,"date":"2017-09-12T14:33:23","date_gmt":"2017-09-12T18:33:23","guid":{"rendered":"https:\/\/www.zolo.ca\/news\/?post_type=encyclopedia&#038;p=3061"},"modified":"2021-08-03T18:24:25","modified_gmt":"2021-08-03T22:24:25","slug":"land-acquisition-loan","status":"publish","type":"encyclopedia","link":"https:\/\/www.zolo.ca\/blog\/glossary\/land-acquisition-loan","title":{"rendered":"Land Acquisition Loan"},"content":{"rendered":"<p>A land acquisition loan is a <a href=\"https:\/\/www.zolo.ca\/blog\/glossary\/mortgage\">mortgage<\/a> that is used specifically for the purchase of new, undeveloped land. Lenders consider raw land to carry more risks when it comes to financing and, as a result, not all lenders will offer loans for this type of property purchase. With a land acquisition loan, you work with a lender who appreciates the risk and still see the potential of developing and building on undeveloped land.<\/p>\n","protected":false},"author":3,"template":"","meta":[],"class_list":["post-3061","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia\/3061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/media?parent=3061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}