Unimproved Land Loan

Want to buy now and build later? We can make it easy with a Bridgeway Federal Credit Union Land Loan. We are offering low rates and easy financing terms. When you're ready to build, we can help provide the construction financing you may need. Some restrictions might apply.

Features and Benefits

  • Fixed interest rate
  • Loans amounts up to $150,000
  • Terms up to 10 Years
  • 1 Point
  • We finance up to 75% of the appraised value or purchase price, whichever is less.
  • Eligible properties include unimproved land located in Dutchess, Ulster, Orange, Putnam, Columbia, Westchester, Rockland and Sulivan Counties.
  • Land must be accessible via public road
  • Land must be Board of Health Certified
  • Automatic deduction from your checking or savings available.   Schedule payments biweekly or monthly. 

In determining you actual credit limit, we will consider your ability to repay, by looking at your income, debts, credit history, and other financial obligations.

 

Apply by Phone: (855)251-0644

Rates