What is a Residential Lot Loan?
Residential lot loans are designed to help you purchase the lot that you wish to build your dream home on.
- Purchase ONLY, no Refinance (Borrower must intend to Build)
- Maximum Loan Amount $100,000.00 (over $100,000.00 will be considered on a case by case basis)
- Lot must be an Existing, Platted Suburban Subdivision (Water, Sewer, Power & less than 2 acres)
CresCom Bank offers 2 residential lot loan program options below:
- Interest only
- Amortizing options
Do not hesitate to email or call our Mortgage Team as we are here to listen and ready to find the perfect solution for you!
Contact Us at: 855-CRESCOM (273-7266) or firstname.lastname@example.org