Land Loan Collateral: Just What Lenders Encourage To comprehend the terms and restrictions of land loan s and mortgages, you ought to comprehend the distinctions within the two. Analysis every lender’s terms and limitations. Make sure you know very well what you might be agreeing to whenever you signal the final documents. There are lots of variations in state and lender policies. Become familiar with a state demands and people of one’s loan provider. .