There are basically two types of land loans that are being underwritten and funded in today's market. Seller financing or hard money land loans are really the only 2 sources for money in 2010 and the foreseeable future. A traditional bank may consider lending money on land only if the borrower is extremely strong financially, meaning excellent FICO scores, strong liquidity, high net worth, tons of experience, and a first son to include for extra security. If you are not willing or able to qualify for bank financing or the owner is not willing to finance the debt on their own, don't feel bad your other option is a hard money land loan.