Lot Loan

Have you found the perfect piece of land, but not quite ready to build? With Gateway Mortgage’s Lot Loan product, we can help you finance the purchase of the land now so that you can build your dream home later – giving you the time you need to find the right builder and a flawless floor plan.

Loan Highlights

• Allows buyers a year to determine a builder and for your new construction to be completed
• Fixed rate mortgage enabling the borrower to acquire land
• Lot loan amounts up to $250,000
• Lot size up to 20 acres

Ready to get expert advice and determine what works best for your personal situation? Contact one of our local, caring mortgage professionals at a Mortgage Center Near You.