Those who are looking for the best land for sale Iowa City has to offer will likely need to find some kind of loan to help them make a purchase. However, it is often very difficult to get a loan that meets this goal. In fact, some specialists will tell you not to expect any kind of loan when buying a simple piece of land. For example, people who are looking for land for sale in Iowa City may expect a typical rate of 80/20 for a loan. This ratio means you put down 20 percent of a purchase and the bank provides 80 percent of the rest of the price. However, that is simply not the case when you are buying land. In some instances, you may have to put down 50-60 percent of the purchase price to get any loan at all. Typically, this kind of loan will occur if you have a good relationship with the lender, high-quality credit, or some collateral. Otherwise, there is a chance you might not get any money from a bank when trying to find the best land for sale Iowa City has to offer.