Lot and Land Loans Rates

Residential Lots – 10 or 15 Year Term
(Vacant, unimproved land for residential purposes)
Example below, APR* based on $100,000 loan amount, 80% LTV.

Mortgage Term Interest Rate
as low as
(no origination or discount points)
(combined loan to value)
(There may be additional closing costs)
(Includes points, fees and interest)
15 Year 8.24% 0% 80% $3,286.63 8.801%
10 Year 7.99% 0% 80% $3,286.63 8.762%


  • Maximum loan amount is 80% of appraised value; minimum loan amount is $10,000.
  • Property must be vacant, unimproved land for residential use only, acreage size is limited.
  • No building or structures allowed on land at time of closing.
  • Must be located within any of the 50 states of the USA.
  • Escrow account is not required or available. An optional Mortgage Savings Club Account may be set up.
  • Weekly, bi-weekly, semi-monthly, or monthly payment plans are available in conjunction with an automatic payment such as payroll deduction, direct deposit, and automatic transfer.
  • Servicing of loan will be retained by First Florida Credit Union and not transferred.
  • Credit and other qualifications apply for loan approval.

*APR – Annual Percentage Rate is based upon individualized credit history, term of the loan, and specific characteristics of your credit application