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.

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 ...

You may be able to use a home equity loan to secure a loan to buy — and potentially improve — a plot of land. A home equity loan might offer better terms and interest rates than other financing ...