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Lot Loans

Plotting for the future

Some basics about a lot loan:

  • Monthly payments are amortized over a fifteen-year period to keep them affordable.
  • The term of the loan is five years, with a balloon payment of the remaining balance due at that five-year maturity.
  • We can finance up to 65% of the cost or appraised value of your lot, whichever is less.
  • When you are ready to build that dream home the lot loan can easily be included in your new construction loan.

For current rates click here

Our loan officers are waiting to work with you today, call us at 410-692-5151 or toll free at 1-800-429-6616 to see how we can help you with your lot loan options.