Land, Lot & Construction Loans

Building a home or buying land?

Realize your dreams with help from TFCU.

Land and lot loans

If you want to purchase or refinance land or a lot, TFCU offers loans just for that goal. The loans are available for:

  • Up to 25 acres.
  • A future building site.
  • A home or residence.
  • But not for agricultural use.

You’ll want to plan for 20% down, plus closing costs.

"Even if you don't have plans to build on the land soon, you can get your land or lot loan here."

– Krystal Sumrell, VP/Manager of Mortgage Lending

Young woman on a laptop

Construction Loans for Single Family Homes

For those who already own land and are ready to build a single-family home, the TFCU construction loan is the one for you. Additionally, if you want to purchase or refinance land–plus get a construction loan to build a home–TFCU is here to help with that too. For construction loans, borrowers will want to plan for 15% down plus closing costs. A great way to begin this process is to schedule a time to talk with one of our home loan experts.