Lot Loans

Lot Loans provide financing for the purchase of a residential building lot for the purpose of building a single-family owner occupied dwelling within the next two years.

Major loan terms and conditions are:

• Maximum loan term of 15 years
• Monthly payments must pay off the loan over its term
• Maximum LTV is 75% for an unimproved lot or 80% for an improved lot (with sewer and water)
• Maximum loan amount of $100,000

Call or e-mail one of our Loan Officers for more information.