Vacant Land Financing

We offer vacant land financing options for clients who intend to build a home on the land being purchased.  Our vacant land financing options are meant to provide clients the opportunity to secure their building site, while they prepare for the construction of their new home.

Once a client is ready to proceed forward with the construction of their new home, the vacant land financing is typically paid off as part of the construction loan.

Equity in the land can be included as part of the down payment for the construction loan.  In some cases, the equity in the land may be sufficient to meet the down payment requirements for your construction loan.

We offer a complimentary set of construction loan options for clients when they are ready to build their new home.  You can learn more about those options by clicking here.

Vacant land financing options are different than options for a traditional home purchase.  Unlike a traditional mortgage for an existing home, vacant land loan terms tend to be less favorable.

The minimum required down payment can be impacted by your financial strength as well as the lot size.  You can learn more about your options by completing our online application.

Prior to writing an offer on any piece of vacant land, we suggest you have a builder visit the site with you.  A well qualified builder should be able to give you some feedback as to any potential draw backs a parcel may have based on what you are hoping to build.