This loan is designed specifically for the purchase of property without a residence on it. It is perfect for clients that have found the perfect building location, but aren’t quite ready to construct their dream home yet, and/or clients that are searching for recreational land like that used for hunting. In some cases, you may also use the equity in a lot or land that you already own to help with your borrowing needs.
Please contact one of our local mortgage experts to apply for or discuss land and lot loan options.