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Residential Lots and Acreage

It all starts with a great piece of land.

Features

Are you ready for a piece of land to call your own?  ECU can help!  Whether you plan to build a house or use the land for other purposes, ECU has a loan to suit your needs.  An experienced ECU mortgage loan specialist can guide you through the process and answer any questions you may have. 

  • Finance up to 90% of the sales price or appraised value, whichever is less (limited to 25 acres or less*)
  • Fixed and adjustable-rate loan options
  • Minimum loan amount of $10,000
  • Commercial lots are processed through the Business Lending department

*Requests for land loans beyond 50 miles from an ECU branch and requests for land loans larger than 25 acres will be considered on a case-by-case basis at a lower loan-to-value.

Ready to purchase a home?

Apply online now or contact a Mortgage Officer to get started.

Learn More

ECU Title & Escrow

Complete your home buying or selling experience at an ECU branch.

Mortgage Videos

Have questions about purchasing, building or selling a home? Check out these helpful videos, covering a broad range of mortgage topics.

Find a Realtor

Realtors are knowledgeable in many phases of the home buying and home selling process and can be a valuable resource to you.

Calculators

Purchasing or refinancing a home can be stressful, leaving you asking lots of questions!  Should you buy or rent?  Will refinancing save you money?  How much will your monthly payment be? Check out our calculators designed to answer these questions and more!


Mortgage Calculators

FAQs

There are similarities but the products for land loans are specific and shorter in term than most mortgage loans.

No, but the remaining balance is paid off at closing, either from the loan or other funds before beginning construction.

Yes, it would be paid in full as a withdrawal from the construction loan funds.

Yes. The ECU Mortgage Department can assist you with residential personal use land loans only. For land loans regarding development, please refer to the ECU Business Lending Department.