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Vacant Land Loan

What Is a Land Loan?

Highlights

Minimum loan amount of $100,000 up to $825,000
Minimum credit score of 660
Loan-to-Value up to 65%
No prepayment penalty
Purchase only
Max term of 240 months

ELIGIBILITY FOR LAND LOANS

Eligible Properties

Income-producing properties with acreage
Recreational property (i.e. hunting)
Individual buildable lots
No maximum acreage limitation (but needs a supported appraisal)

Ineligible Properties

Development sites/speculative sites
Properties located adjacent to or containing environmental hazards
Zoned industrial or commercial

Mortgage Lending Simplified

SECURE DOCUMENT SCANNER
FAST & EASY PROCESS
REAL TIME LOAN UPDATES
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