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
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.