Lot loans are specialized financing programs designed for individuals who are looking to buy land without any current housing structure on it. Lot loans are perfect for anyone who is looking for a space to build their dream home, or those looking for land to develop for commercial use.
Financing available for residential lot purchases
Lot must be for future construction of owner occupied residence
Up to 10 acres
Unimproved land – up to 65% of lower of cost or appraised value
Improved land – up to 75% of lower of cost or appraised value
Available in Texas and Oklahoma
Build a custom future home.
Lot loans are specialized financing programs designed for individuals who are looking to buy land without any current housing structure on it. Lot loans are perfect for anyone who is looking for a space to build their dream home, or those looking for land to develop for commercial use.
Certain restrictions apply on all programs. See your First Liberty Bank Loan Officer for complete program guidelines, loan application, applicable fees and annual percentage rates (APR’s) for all loan programs. Full underwritten approval is required and all loan approvals are subject to credit, income and asset review and approval.
Our online application makes it quick and easy to get started. We have experienced mortgage loan officers ready to help you make the best financial decisions for your unique situation.