Home Lot Loans (up to 5 acres)
Let Chemcel help you finance your future homesite with a low cost loan. Just find the lot you wish to build your primary residence on (up to 5 acres) and let us help make it affordable through low rates and convenient payback.
Here are some of the guidelines for a Home Lot Loan:
- Lot acquisition with statement of intent to begin construction of primary residence within one year.
- Loan term: Interest only with 2-year call; rate subject to change monthly; interest due monthly
- Loan limits: $25,000 MINIMUM 80% $500,000 MAXIMUM
70% $750,000 MAXIMUM
- Secondary not allowed
- Only developed lots within non-rural areas
- 5 acre limit
Contact the credit union office nearest you for complete information. |
Plus...
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Insurances:
Payment Protection
GAP
Vehicle Service Agreement
Accidental Life & Dismemberment
Auto Insurance
Homeowners Insurance
Life Insurance
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Fee schedule
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