miniature house sitting in grassy area

LAND LOAN

Found the perfect plot? We can help!
Owning the perfect plot of land opens endless possibilities - and when you've found the right one, there's no better time than the present to start shopping for loans. Community West Credit Union offers loans loans to help you obtain property for construction, farming, and more.

 

Considering a Land Loan?

With a commitment to our members, Community West Credit Union is dedicated to helping you achieve your financial goals, including property ownership. Our land loans are offered as mortgages with flexible terms and a fixed-rate, providing you with predictable monthly payments. Additional features of our land loans include:

  • Reasonable underwriting criteria
  • Financing for up to 20 acres of land
  • 10 or 15 year mortgage terms
  • Competitive rates

 

What Can a Land Loan be Used For?

At Community West, we specialize in providing products that work for people and seeking solutions to help you achieve your goals. Acquiring land can be a rewarding purchase for many. There are several reasons to finance property using a land loan, such as:

Building a Home

Building your dream home, specially designed to fit your family's growing needs can be accomplished by first purchasing the land well in advance. Once you have financed the land, you can begin planning for your future home in ways that showcase your property's most unique features.

Recreational Land Use

If you're looking to own land for recreation, Community West may be able to help you achieve this goal with a land loan.

    • Farmland: If the land you purchased is fertile and productive, you may desire to use the land for agriculture. Neighboring farmers may also be interested in renting portions from you to expand their operations.
    • Hunting: Owning land is an excellent opportunity to establish a hunting property. Within this natural landscape, you can create your own hunting grounds.

Gaining Extra Storage Space

If you own large items that are too bulky to keep at a storage facility or in your garage, additional land may provide an alternative solution. With the extra space, you can build a storage structure that safely and securely houses large belongings, such as a boat, an RV, machinery, or other types of equipment.

 

 

*Land Loans subject to approval. Rates, terms, and conditions are subject to change and may very based on creditworthiness, qualifications, and collateral conditions.