What is a Land Lot Loan?
A Delta Community Credit Union Land Lot Loan is a loan that is used to finance the purchase of a lot not exceeding 10 contiguous acres.
You may also find Land Lot Loans (Land Loans and Lot Loans) to be known by many other names such as land purchase loan, raw land loans, residential lot loans, land mortgage loan, vacant land loan and land and construction loans to name a few.
No matter the name, these loans are used to finance the purchase of land in order to build a home.
Benefits of a Land Lot Loan from Delta Community
Competitively priced land lot loan rates
5 and 10 year terms
Repayment options to fit your budget
Build primary residence or vacation/seasonal home
No origination fee
Home Loan Solution
Once the construction of your new home is complete we can even help you refinance your residential lot loan to a new fixed rate mortgage.