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Lot Loans

Lot Loans provide financing for the purchase of an unimproved residential building lot for the purpose of building a single-family owner occupied dwelling. Stop by the branch office nearest you or e-mail us for more information about Lot Loans.

Major loan terms and conditions are:

  • Maximum loan term of 5 years
  • The building lot financed must be 5 acres or less
  • Monthly payments must pay off the loan over its term
  • The maximum LTV is 75% of the lessor of purchase price or appraised value
  • The maximum loan amount is $100,000