Land loan

Apply funds to buy the land you need to build your dream home. Oregon State Credit Union offers loans to purchase building lots within city limits or unimproved property (up to 10 acres) with basic improvements and utilities.

Is a Land loan right for you?

A Land loan is perfect if you want:

  • To buy a piece of property to build a dream home

  • A fixed interest rate

  • To build equity for future construction

Land loan features

  • Finance up to 80% of the value of the land

  • 15-year term

  • Local decisions

  • Fixed interest rate, fully amortizing

  • No pre-payment penalty for early payoff

Here's an example of Land loan terms

Loan example: On a 15-year land loan of $180,000 and an estimated property value of $240,000 at 5.15% APR (interest rate 5.00%), monthly payments would be $1,423.43. Rate is based on specific product type. All loans subject to approval.

Apply now for a loan to buy land

  • Call 800-732-0173 to apply for your Land Loan.
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