LOT LOANS

A lot loan allows you to purchase a lot and stake your claim before you ever begin to think about construction, alleviating a few of the unknowns that can come along with a new home build.

Finance The Perfect Spot for Your Dream Home

If you are interested in owning a piece of property for a home but are not quite yet ready to build, a lot loan can give you the opportunity to secure the land you want without tying you down to specific building deadlines.

Enjoy flexible financing options of up to 80% of the fair market value of the lot.

No building requirement (subdivision requirements may apply)

Enjoy hassle-free lot loan payments with automatic payments.

Term options up to 20 years, with balloon payment at the end of 5 years.

5 Year Amortization With Balloon

Up to 80% financing
No building requirements from the lender (subdivision requirements may apply)
Option to set up automatic payments
Term options up to 20 years, with balloon payment at the end of 5 years

5 Year Amortization No Balloon

Up to 80% financing
No building requirements from the lender (subdivision requirements may apply)
5-year fixed rate with the fixed payment amount

5 Year Interest Only With Balloon

Up to 80% financing
No building requirements from the lender (subdivision requirements may apply)
Interest-only payments, with balloon payment at the end of 5 years

Loans subject to credit and property approval.
Rate and term will be dependent upon your credit rating, collateral value, amount financed, and other factors. Texans mortgage lending is restricted to property in Texas. Residential use only, max 10 acres, cannot have existing structures, must have road access and utilities. Additional restrictions and requirements may apply.
This is not an offer to extend consumer credit as defined by Section 1026.2 of Regulation Z.
Texans Credit Union NMLS #530654.