Land Loans


  • Loan program for the purchase of improved real estate as a future home site.
  • Maximum loan-to-value 75%.
  • Maximum lot size is 20 acres.
  • Five year maturity (due and payable); amortized over 20 years.
  • Fixed rate loan--no prepayment penalty.
  • No gifted funds / secondary financing not permitted.
  • One lot loan per customer—must have recorded road access to property.
  • Site improvements include water, power accessible to property, road access and copy of soils analysis that was completed within the last 5 years, plus perk test.
  • Property value for determining financing amount is based on the purchase price or appraised value, whichever is less.

NOTE: All terms and conditions are subject to change without notice.


Apply Online


Need more information? Contact our Mortgage Loan Officers to discuss your options and let us help guide you through this process.


Land Loans Rates

Apply Now
Loan Term Interest Rate APR Discount Points Ex: Loan Amount Ex: Monthly Payment
20 Year Fixed Rate Land Purchase (20yr / 5yr balloon) 5.625% 5.793% 0.375 $140,000 $972.95

Interest Rates Effective: 10/21/2021

Rates listed are for an improved land purchase with a 30% down payment and borrower credit score of 740.  After first 5 years, remaining outstanding principal balance would be a balloon payment of $118,115.27 which could be paid in full or refinanced. APR (Annual Percentage Rate) is based on loan amount and interest rate. Example monthly payments quoted include principal and interest only. Actual payments may be higher if they include taxes and insurance. Rate, terms and fees are subject to change without notice. Subject to credit approval. Ask us about additional available loan programs.

Get a Custom Loan Quote

Please provide the following information so that we can provide multiple options tailored to your needs.

Zip code is required to assess if it is a jumbo loan. We serve all of Washington.