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Lot Loan. Parents and baby playing in their new house.

Our Lot Loan will give you the purchase power to buy the land for your family's dream home. Lot loans are intended only for land to be used for your primary residence. Like all of the loan programs we offer, there is no pre-payment penalty.

Features and Benefits
  • 5-year fixed-rate term
  • Minimum loan amount $25,000; maximum loan amount $300,000
  • Financing available up to 70% of purchase price or appraised value, whichever is less
  • No pre-payment penalties
  • Land must be zoned as residential
  • Purchases only, refinances not available
  • Maximum 2 acres lot size
  • Earn rebates when you use HomeAdvantageTM Program to buy or sell a home

Lot Loan

Type Interest Rate Loan APR* Loan Points
Undeveloped Land (Lot Loan) 8.250% 8.995% N/A



What to Expect

You can apply for a Lot Loan in person at any CFE branch or by calling our Contact Center. To obtain an investment property loan with CFE, you will need to be a CFE member in good standing.


Learn more about buying a house with CFE.

Buying a House

1Annual Percentage Rate

2Principal + Interest


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