Bare Land Loan

The piece of land you want is within reach

When you're ready to build, get a piece of land that works for your goals with a Bare Land Loan from SFCU. With competitive rates and flexible terms, it has never been easier to purchase the piece of land you need.

Apply for a Bare Land Loan

Variety of Uses

Enjoy the flexibility to use the funds how you want with a Bare Land Loan that works for primary or secondary residences.

Multiple Ways to Apply

It's easy to apply for a Bare Land Loan from SFCU. Visit us in the branch or apply online in just a few minutes.

Variety of Terms

Find the Bare Land Loan that best suits your needs and budget with various rate types and repayment terms.

Rates

View rates

As low as APR*

Estimate your monthly payment

Let's see what your monthly payment could be.

Monthly Payment

Loan Amount

Rate

Months

Variety of Uses

Use the funds how you need

Whether you're looking to purchase land for your primary or secondary residence, an SFCU Bare Land Loan can help! You have the financial flexibility to use the loan funds to purchase just about any land property you need. You can even refinance your existing land loan to lower your rates.

Apply for a Bare Land Loan

Variety of Terms

Choose the Bare Land Loan that works for you

There are plenty of Bare Land Loan types to fit just about any budget. Choose from a variety of repayment terms and rate types to get the monthly payment exactly where you need it.

Apply for a Bare Land Loan

- ARM products are based on a 30 year amortization
- 1st Mortgage, Owner occupied
- 80% of Purchase Price or Appraised Value whichever is less
- Greater than 80% LTV requires PMI Insurance
- Vacation Homes/2nd homes are .25% higher and require 20% down payment
- Manufactured Loans minimum down payment 20%, New Home only for ARM’s; new and used available for fixed rates
- Escrow may be required
- One to four family primary residence; no commercial property
- Adjustable Rate Mortgage rate and payment changes:
  The rate indicated for adjustable rate mortgages is the initial rate and is subject to increase.
  
  For example; the 5/1 Year ARM will have a constant interest rate for the first five years. Adjustable rates may change annually based on an “Index”.
  
  Before each Change Date, we will calculate the new interest rate by adding the “Margin” to the “Current Index”. The result will then be rounded to the nearest one-eighth of one percentage point (0.125%) which will be the new rate.
  
  The rate may not adjust more than the “Max Rate change per Period” indicated above on each “Change Date”. The total loan adjustment will not adjust more than the Lifetime Cap indicated above over the “Life time Change” of the loan.
NMLS# 609016

I had the easiest loan process in my life.

— Scott T

How it works

Let our Mortgage Professionals guide you through the process

1
Complete an application

Apply with one of our expert Mortgage Specialists
2
Get response

We'll crunch the numbers and let you know if you're approved.
3
Use the Funds

Purchase the lot of land of your dreams!

Apply for a Bare Land Loan

Have a question? Get in touch with us

Get the land, build your castle

With a Bare Land Loan from SFCU, you can get flexible rates and terms to purchase the land of your dreams without breaking your budget.

Apply for a Bare Land Loan

Bare Land Loan Rates

12 years

13.750%

as of 2/7/23

Example table

Column Title

Cell Value

Rates effective as of: April 4, 2025

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The piece of land you want is within reach

Variety of Uses

Multiple Ways to Apply

Variety of Terms

Rates

Estimate your monthly payment

Use the funds how you need

Choose the Bare Land Loan that works for you

How it works

Get the land, build your castle

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