Land Loans

Home Loans

Land Loans

Secure a land loan to purchase the land of your dreams. From there, the plan is up to you.

At Listerhill Credit Union, you can obtain a low-interest land loan to cover the costs of purchasing a plot of land for your home. Competitive, low-interest rates and flexible loan terms up to 20 years.

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Land Loans Current Rates

Land Loans

Effective 8/1/2026

Land Loan

APR as low as (%): 7.25%

Term (Month/Year): 20 years

All loans are subject to credit approval. Actual rates will be determined by the individual creditworthiness of each borrower. Rates are subject to change without notice. The APR on adjustable-rate home loans may vary and are subject to change after consummation. Property, occupancy, underwriting, and other restrictions may apply. Equal Housing Lender. Contact a loan officer for current rates, APRs, down payment requirements, and complete program details. APR = Annual Percentage Rate.

Requirements for a Land Loan

When qualifying for a land loan, we will take a look at your financial background to determine whether you have the profile to support qualifying for a loan.

A down payment: Listerhill requires a 15% down payment for land loans.

Home details: Your lender will also want to view the details around your land and the land plan, confirming that it meets all zoning and land-use restrictions.

Debt to income ratio: We will review your debt-to-income ratio (DTI) to ensure you don’t have more debt than your income can manage. A recommended DTI, including your mortgage payment, is no more than 43%.

Steady income: Whether you’re self-employed or have a W2 job, we want to ensure that you have a stable work history showcasing your likelihood of being able to afford your property now and in the future. Two years of consistent employment are typically required to qualify for a land loan.

Credit history: Your credit score is a significant indicator of your financial responsibility. We will review your credit history and credit score to determine whether you have the background that showcases your ability to manage payments.

Ultimately, we will take a look at your full profile and speak with you directly if needed to help you qualify for a land loan.

Apply for Your Land Loan in 3 Easy Steps

STEP 1

Apply Online

Click the button below to begin your online application.

STEP 2

Get Approved

Agree to your loan amount, your rate, and terms offered.

STEP 3

Break Ground!

Start building your dream home with flexible financing as you need it.

Get Started

Frequently Asked Questions

Help Center

What is a land loan?

A land loan provides you with financing to secure a lot of land and cover the costs for up to 20 years. With Listerhill, you can get a loan on unimproved land.

Once you’re ready to build, you can secure a different type of loan to cover construction costs.

What information should I know before securing a land loan?

When you purchase land, you want to ensure that it can be used for the desired purpose. That involves having certain information about the land in advance, such as the items listed below: land survey to know the boundaries of the property, property easements so you know who has permission to enter or use your land for sewer pipes or cable wires, title search to see what easements are on your land, zoning laws to determine whether the land is zoned for residential use, commercial use, or another option, flood hazard risk, so you’re aware of any extreme weather risks, and appraisal so you know the value of the land compared to similar options