Thanks.
Absolutely. Banks give loans for land everyday. The process is the same as if you were buying a house. The land will need to be appraised, your credit will be checked, and a mortgage will be arranged. Your creditworthiness, the size of your downpayment, and the difference between the loan amount and the appraised value of the land will determine the interest rate you will be charged.
If you are buying land for the purpose of farming or ranching, the bank will also probably want a business plan showing how you intend to generate cash income using the land. Ranching and farming are no different than any other business in this respect. Banks want to know that the borrower has a sound business plan so that there is every likelihood that the loan will be repaid in a timely manner.
Best advice is to talk to your banker about your plans. He or she will tell you what you need to do to get the application started.
Good luck with your land acquisition.
Of course they do. If you qualify for the loan and the land qualifies for the amount. However most lenders usually only lend about 60% on land only.
As far as I know good old Texas has not yet been evacuated.
Buena Suerte
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