Borrower has multiple sources of land available to refinance. All land is vacant raw land "grazing land" borrower wants to refinance 120 acres for cashout to consolidate debt and purchase other realestate. Borrower has recieved interest from local credit union, quoted 7.5% on a 15 yr note. Borrower is seeking longer ammortization. Borrower has strong credit and strong realestate assets. LTV is below 50%. Does anyone know who could lend for this loan.

Also looking for stated land refinance, borrowers have 690+ credit scores. Land is 40 acre open zoning, land is free and clear, LTV 40-50%, borrowers can verify large amount of 401k assets. Borrowers want to refi to consolidate debt.