Lot/Land Loans
Great neighborhood. Exceptional builder. Wonderful view.
There are a plenty of reasons why you might want a specific parcel for your next home. Tell us all about it as you apply for one of our affordable Lot/Land Loans.
Something to build on
Competitive rates
100% financing available
Up to 12 years to repay
Friendly personal service
That's when you should come back to Neighbors FCU and get a long-term Conventional or Jumbo Mortgage at an attractive rate.
From the city to the suburbs to the banks of the Mississippi
The Baton Rouge area is filled with exceptional places to build your next home. With 100% financing available for land and lots, our lending team will put 110% effort into getting you the loan needed to get everything rolling.**
- Competitive, fixed rates
- No down payment options
- Terms up to 12 years
Neighbors Federal Credit Union is a full-service financial institution with branches serving the Southeast Louisiana parishes of Ascension, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena, West Baton Rouge and West Feliciana.
Flexible Credit Solutions for Renovations, Bills, and More
- Credit lines up to $150,000
- No closing costs
- Competitive rates
- Ideal for debt consolidation
Resources to Fuel Your Journey
Lot & Land Loan Rates
| Loan Type | Term | Interest Rate | Points | APR* |
|---|---|---|---|---|
| Land (Lot in a Subdivision) | 12 year | 5.000% | 1% | 5.493% |
| Land or Acreage | 12 year | 5.000% | 1% | 5.493% |
*APR = Annual Percentage Rate. Rates quoted are not locked in and are subject to change. Rates are not locked until a rate lock acknowledgment has been signed. The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. Interest rates and APRs are based on current market rates and are for informational purposes only. Rates are subject to change without notice and APR (Annual Percentage Rate) calculations are based on certain assumptions related to closing costs and fees. Maximum loan limits and minimum equity/down payment requirements may apply.
*Other conditions may apply
**Property must be located in East Baton Rouge, West Baton Rouge, East Feliciana, West Feliciana, Ascension, Iberville, Livingston, Pointe Coupee, or St. Helena parish. Property must be undeveloped land – no structures or foundations may be present.