Vacant Land Loans

A complete construction loan package from your credit union!

Planning on building your dream home? Your credit union can help throughout the building process. Over the years, we've become experts at helping members with their construction loans and converting to more permanent home financing. Now, we can also help you secure the land to build on.  

Our Vacant Land Loan is designed for members wishing to purchase a vacant land parcel or payoff an existing land contract for future residential use. The program is customized with options depending on your future building timeline. If you plan to build within three years, you can lock your rate on a 3-Yr Balloon with 15-Yr amortization. This rate lock holds for 25 days until your loan closes. If your project timeline extends beyond three years, you can also lock your rate on a 3/1 ARM with 15-Yr amortization with two points paid at closing.  

No need to look further than your credit union's Mortgage Center for all your home construction needs! 

Consult one of our experienced loan officers today at 1-888-562-6865.

Monday through Wednesday 8:30 a.m. to 6:30 p.m. EST Thursday and Friday 8:30 a.m. to 5:00 p.m.

Contact Info
For questions regarding your internet application:
Our Construction Loan program is only available by phone. For additional information on our construction loan program.
To apply for a mortgage by telephone:
Contact a Mortgage Center LLC Loan Officer at 1-888-562-6865
Monday through Wednesday 8:30 a.m. to 6:30 p.m. EST Thursday and Friday 8:30 a.m. to 5:00 p.m.
E-Mail Address: vglenn@mtg-ctr.com
Fax Number: 248-208-0606