Land Loans in West MichiganOwning 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 in West Michigan offers land loans to help you obtain property for building, farming, and more. Learn more about our land loans and the reasons why you should consider partnering with our team.
Land Loans from Community West Credit Union
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 payments every month. 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
Members of Community West Credit Union benefit from local decision-making services and personalized attention. While other financial institutions focus on business, we focus on our members by offering fewer fees, better rates, and individualized care.
Why Apply for a Land Loan
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 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 in your desired West Michigan location, you can begin planning for your future home in ways that showcase your property’s most unique features.
Recreational Land Use
If you are 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.
Apply for a Land Loan at Community West Credit Union Today
Undeveloped land provides a wide range of benefits and opportunities. The first step to becoming a property owner is applying for a land loan with Community West Credit Union. Our loans offer trusted financial solutions and can help you achieve your goals. Visit us in Comstock Park, Grandville, Hudsonville, Kentwood, Middleville, or Rockford to learn more about our land loans or contact us today.
*Land Loans subject to approval. Rates, terms, and conditions are subject to change and may vary based on credit worthiness, qualifications, and collateral conditions.