Recreational Vacant Land Loans

Features & Benefits

Owning your own special place to hunt, fish, hike or simply enjoy time outdoors with family and friends is possible with a recreational land loan from GreenStone. As your local experts in hunting land financing, we will work with you to structure the right loan package to fit your needs.

  • Competitive interest rates to save you money
  • Small to unlimited acreage financing
  • 30-year amortization terms for affordable payments
  • Typically require 20 percent down payment
  • Experienced staff to make your financing simple and quick
  • Cabins, pole barns, outbuildings and other site improvements can be included in your financing


Recreational Vacant Land Loans

Funds Held

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.

Patronage Program

A portion of our annual earnings are returned to our eligible member-owners in the form of patronage.

FAQs

  • What are my down payment options?

    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.