Lot Loans

  • Generally, we finance up to 75% of purchase price or appraised value, whichever is less on developed land, and up to 65% of purchase price or appraised value, whichever is less on raw land.
  • Flexible payment plans for land purchases that include 15 and 20 year payment amortization with 36 month and 60 month call features.
  • Requests may be land-only, or include current or future options for construction-permanent financing.
  • Closing costs are paid by the borrower.
  • Payments are amortized with principal and interest payments.