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Lot Loans                                       are currently unavailable                                                                                          

Lot loans are available if you are not planning to build immediately. We offer several convenient lot loans depending on your needs. A balloon lot loans option allows  2-5 years to begin construction, a fixed rate product is amortized over 30 years to keep the payment low. We also offer an adjustable rate lot loan which has no prepayment if you convert to our construction/perm lot loans program. Programs are available as fully documented or stated income documentation for individuals with difficult to document income situations. We also have interest only lot loans which can significantly lower your monthly payment.

Down payment requirements vary by program and documentation preferences but lot loans will generally require a 20% down payment with one of our lenders now offering a lot loan with 10% down.

If you are not ready to build but have found the perfect lot. The new Purchase Plus Lot Loans can save you a great deal of money.

Please send me an email and let me know what you are trying to do and I will send you a good faith estimate for several programs which will meet your needs.

Lot size must conform to the general area and must be residential in nature as we do not offer commercial lot loans at this time. Improvements are required and include a legally accessible street with sewer. Electricity must be available and unbuildable hillside lots are generally not acceptable.  A "finished" lot refers to a portion of land that already has utilities in place and road access. We do not make loans for working farms or for lots of more than 50 acres at this time. 

I have included a page on how to calculate your lot loans qualification ratios.

I have included a page on lot loans documentation requirements.

Read more about Lot Loans Closing Costs

Learn more about investing

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

Lot LoansPrequalify for your Lot Loan


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Extensive consumer information on construction,remodeling, first time homebuyer,and no documentation mortgages.