When you find the perfect location for your new home, we can structure the financing to align with your building plans. We have flexible financing available to fit your needs regardless of parcel size or use. We have the experience to find the right vacant land loan solution for you.
No acreage restrictions
Typically require 20 percent down payment
Build when you are ready
Financing for site improvements available
Choose from a variety of fixed, adjustable, and variable rate loans with flexible terms up to 30 years
Home Site Loans
Interest Rate Disclaimer: Greenstone may make other rate programs available to qualified applicants at its discretion. Applicants may qualify for a higher or lower rate based on the results of a complete credit investigation. The rate information published here is subject to change without notice and does not constitute a commitment to make any loan at any specific rate.
This loan is eligible for a Funds Held account. By combining an interest-generating account with a term-loan at GreenStone gives you convenience and flexibility managing your future financial obligations related to your loan.
Typically, mortgages require a 20 percent loan to value down payment. We have options for borrowers looking to secure their down payment, including:
Providing 20 percent cash down
Other property or forms of collateral to meet some or all of the down payment requirement.
How do I reamoritize my loan?
Loan reamoritization can be done quickly without the need to refinance throughout the life of the loan as equity is accumulated. A visit with a local financial services officer can get the process started.
Can I finance vacant land for up to 30 years?
Yes, we are one of the few lenders who will write mortgages on vacant land without the stipulation to build with in a certain timeframe. Many of our customers use our vacant land mortgages to purchase hunting land or recreational land.