Secure the land you need to build, backed by financing that doesn’t break the budget.
Building new requires resources; one of the most pivotal of which being land. At Wellspring Credit Union, we offer competitive rates with repayment terms up to 15 years to help you with your land purchase. And just like you’re basing yourself locally, so are we. Speak to a helpful loan advisor from right here in the community to jumpstart the process.
- Competitive, fixed rates for the purchase of property with no existing structures as low as 6.25%
- Backed by the unimproved property as collateral
- Repayment terms up to 15 years
- No money down (based on appraised value and sales price)
- Helpful loan advisors with working knowledge of the local real estate market
- Local Southeast Texas decision-making and processing
- Attentive, friendly service from start to finish
- Up to 90% Financing – with only 10% down
View our application needs list to see what you’ll need to start the process.