Unimproved Property


An Unimproved Property Loan can help you get that land that you have always wanted. Whether you are looking to build your dream retirement home, investing in your new deer lease or looking for a place to graze your cattle this loan is perfect for you.

Unimproved Property Rates updated as of August 1, 2019

Term 660 & above1 APR2
5 yrs. 6.250% 6.529%
15 yrs. 7.250% 7.357%

Term 550 to 6591 APR2
5 yrs. 7.750% 8.030%
15 yrs. 8.750% 8.862%

Term 549 & below1 APR2
5 yrs. 9.250% 9.534%
15 yrs. 10.250% 10.367%

1 FICO (Fair Isaac Corporation)
2 APR calculation example: Loan amount of $100,000 and it includes the total estimated pre-paid finance charges of $659 which consists of $14 for flood determination fee, $200 for documentation preparation fee, $400 for closing/escrow fee, $45 for courier fee.
Some restrictions apply. Rates are subject to change without notice. Contact the Real Estate Department if you have questions or for more details at 713-864-0959 and press 5.