Get a Land Loan with Louisiana FCU.

LAND LOANS IN LOUISIANA

APPLY FOR YOUR LAND LOAN.
GET A LAND LOAN ESTIMATE.
Have a question? Request a call back.

Or you can call us at (985) 652-4990.

SOME PEOPLE SEE A VACANT LOT. YOU SEE YOUR FUTURE HOME.

Getting a loan to buy vacant land can feel overwhelming. But it doesn't have to be that way.
EXPERT GUIDANCE

EXPERT GUIDANCE

Buying vacant land can be confusing. But you won't have to do this alone because our trusted experts will guide you.

BUY UP TO 15 ACRES

BUY UP TO 15 ACRES

You can dream big and then dream bigger when planning to purchase land to build a future house.

FAST FINANCING

FAST FINANCING

We’ll help you close on your loan quickly, so you can purchase your land to build your future home in no time. 

REQUEST A CALL BACK: TALK TO A TRUSTED LAND LOAN EXPERT.

FOUR SIMPLE STEPS TO HELP YOU GET THERE.

WE PROMISE TO MAKE BUYING LAND QUICK AND EASY.
Step 1: COMPARE

1.COMPARE

We'll help you compare land loan rates and payment terms to find the best fit for you.

Step 2: Calculate

2.CALCULATE

Run the numbers and calculate your monthly loan payment.

Step 3: Prepare

3. PREPARE

We'll help you get prepared to buy land to make things simple and easy for you.

Step 4: Apply

4. APPLY

Get pre-approved for your loan and plan to buy your land with confidence.

"By chance I called Louisiana FCU looking to get a land loan to build my dream home. Not only did y'all make it happen, I got my boat refinanced at a lower interest rate and a credit card with a lower interest rate. Thank you for looking out for my family's best interest and for your helpful and friendly staff."

 
- WENDY P.

STEP 1: COMPARE VACANT LAND LOAN RATES.

Rates effective as of 11:35 A.M. CT, January 2, 2019

Rates subject to change without notice.

5 Year Fixed Rate
AS LOW AS
5.500%

APR: 6.682%

POINTS: 0.000%

 

What's the APR?

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $120,000 and an estimated property value of $150,000. The property is located in LaPlace, LA and is within St. John the Baptist county. The property is and will be used as . An escrow (impound) account is required.

The rate lock period is 45 days and the assumed credit score is 740.

  • At a 6.000% interest rate, the APR for this loan type is 7.096%.
  • The monthly payment schedule would be: 59 payments of $2,899.92 at an interest rate of 6.000% 1 payment of $2,899.95 at an interest rate of 6.000%

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

10 Year Fixed Rate
AS LOW AS
5.750%

APR: 6.625%

POINTS: 0.000%

 

What's the APR?

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $120,000 and an estimated property value of $150,000. The property is located in LaPlace, LA and is within St. John the Baptist county. The property is and will be used as . An escrow (impound) account is required. The rate lock period is 45 days and the assumed credit score is 740.

At a 6.250% interest rate, the APR for this loan type is 6.845%. The monthly payment schedule would be:

  • 119 payments of $1,684.20 at an interest rate of 6.250%
  • 1 payment of $1,684.34 at an interest rate of 6.250%

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

15 Year Fixed Rate
AS LOW AS
6.500%

APR: 7.341%

POINTS: 0.000%

 

What's the APR?

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $120,000 and an estimated property value of $150,000. The property is located in LaPlace, LA and is within St. John the Baptist county. The property is and will be used as . An escrow (impound) account is required. The rate lock period is 45 days and the assumed credit score is 740.

At a 7.000% interest rate, the APR for this loan type is 7.434%. The monthly payment schedule would be:

  • 179 payments of $1,348.24 at an interest rate of 7.000%
  • 1 payment of $1,348.67 at an interest rate of 7.000%

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

Which land loan option is best for you?

A shorter term loan is recommended if you want to pay less in interest. This will help save you more money.

But if lower monthly payments are more important, a longer term loan might be better for you.

Not sure which option is right for you? We'll call you back.

STEP 2: CALCULATE YOUR MONTHLY LOAN PAYMENT.

Calculate your loan payment using the rates and terms above as a guide. It is helpful to remember the rate you may qualify for could be different depending on a variety of factors, including the term and your credit score.

ESTIMATE YOUR MONTHLY PAYMENT.

STEP 3: HOW TO GET PREPARED TO BUY YOUR LAND.

Get Pre-Approved

GET PRE-APPROVED

The pre-approval process can vary greatly between land and property lenders. That's because these types of loans typically require a lot more information from you than a conventional loan. But don't worry because our trusted land loan advisors will help you get there.

Obtain  an Appraisal

OBTAIN AN APPRAISAL

The appraisal you obtain will help establish the most accurate value of the land you wish to buy. Expect a quality land appraisal to take between 3 to 4 weeks. The time needed to complete this process is something lenders can rarely control. However, this can vary depending on the size of the land, type of use, location, and market volume.

Check Title and Ownership

CHECK TITLE AND OWNERSHIP

A land loan requires a title check to ensure ownership and that there are no hidden liens against the title. Expect the title process to take around a week or two if all information has been submitted correctly.

STILL HAVE QUESTIONS ABOUT APPLYING FOR A LOAN TO BUY YOUR LAND?

REQUEST A CALL BACK.
Apply for your land loan.

STEP 4: APPLY FOR LAND LOAN.

Get pre-approved to confidently shop, negotiate with sellers, and buy the land you want. Our trusted experts will guide you every step of the way to help you get there. 

APPLY IN LESS THAN 10-MINUTES.

GET ANSWERS TO FREQUENTLY ASKED QUESTIONS ABOUT LAND LOANS.

How much of a down payment is required on a land loan?

A 10% down payment is required for a land loan with Louisiana Federal Credit Union.

What terms are available on land loans?

We can finance your land loan for up to 15 years.