You are here

Bare Land

Found the perfect land to build your dream home? Whether you plan to build your home right away or a few years from now, CenLA Federal Credit Union is here to help you get started. Our Bare Land Loan is a loan that can be used to finance the purchase of land or a lot property for your new home.

What is a Bare Land Loan?

A CenLA Federal Credit Union Bare Land Loan is a loan that is used to finance the purchase of a lot not exceeding 10 contiguous acres.

You may also find Bare Land Loans (Land Loans and Lot Loans) to be known by many other names, such as land purchase loans, raw land loans, residential lot loans, land mortgage loans, vacant land loans and land and construction loans, to name a few.

No matter the name, these loans are used to finance the purchase of land in order to build a home.

Benefits of a Bare Land Loan from CenLA FCU

  • Competitively priced Land Lot Loan rates
  • 10 and 12 year terms
  • Repayment options to fit your budget
  • Build primary residence or vacation/seasonal home
  • Low origination fee