Vacant Land
Land ownership is part of the American Dream. Whether you wish to build at a later date, or just enjoy a beautiful piece of property, we can help with the financing.
We offer a 5/5 Adjustable Rate Mortgage on vacant land. The rate is fixed for 5 years, with a possible adjustment of no more than 2% every five years thereafter.
- No requirement to build
- 20-year amortization
- 30% or more down payment
- Maximum loan amount of $1,000,000, higher loan amounts by variance
- Residential property
- Typically, 10 acres or less, larger acreage by variance
To learn more, or get started with the process, connect with one of our knowledgeable loans officers today!
*All loans subject to underwriting review and approval.