your bank dreams as big as you do
Residential Lot Purchase
We can finance 100% of the cost of your lot, so you can build whenever you want.
With Republic Mortgage, it’s easier to build your new home because it’s easier to buy the land. 100% easier, in fact. Plus, if you finance your construction loan with us within two years of your lot loan closing, we’ll credit the lot loan origination fee on your construction loan. That’s a savings of up to $1,000. And these are the details:
- 60-month term, 360-month amortization
- Loans available up to $100,000
- Roll any assessments into the purchase price
- 1% loan origination fee
- Competitive interest rate
Contact your Personal Banker or Mortgage Originator for more information.
Land used for speculation or non-residential purposes is not eligible. Borrower pays closing costs, such as title insurance and recording fees.