Have you found the perfect piece of land, but not quite ready to build? With Gateway Mortgage Group’s Lot Loan product, we can help you finance the purchase of the land now so that you can build your dream home later – giving you the time you need to find the right builder and a flawless floor plan.
Allows buyers a year to determine a builder and for your new construction to be completed
Fixed rate mortgage enabling the borrower to acquire land
Lot loan amounts up to $250,000
Lot size up to 20 acres