Recreational & Vacant Land Financing
Camping on Rec Land

Make your getaway: take advantage of GreenStone’s affordable vacant land loan financing

Vacant land, home site and recreational property loans have recently become especially popular as families look for ways to get outdoors and enjoy nature.


With current interest rates at an historical low, it is a great time to look at financing a new piece of property. Whether you are interested in building your dream home on vacant land or owning recreational property, GreenStone’s country living land loans can help you finance property that fits your budget now, and your plans for future growth.


Which land loan is the best fit for me?

As the number of individuals interested in these loans continue to grow, so does the frequency of one question in particular: Which land loan is the best fit for me? To best answer this question, it is important to understand the characteristics of each loan, beginning with the type of property being financed and your long-term goal.


Recreational Land Loans

Recreational land is real estate greater than 10 acres used primarily for recreational purposes. A rec land loan typically requires a 20 percent down payment and offers 30-year amortization terms for affordable payments. This land is usually used for hunting, fishing, hiking or ATV-ing, with no immediate plans for building at the time of purchase. If you do have interest in building a home, pole barn or outbuilding later, GreenStone can provide do-it-yourself or contracted construction loans to fit your needs.


Vacant Land Loans

Similar to recreational land, vacant land is also property that is greater than 10 acres. However, this property is purchased with the intention of building a structure on it. The typical down payment for a vacant land loan is 20 percent.


Home Site Loans

GreenStone defines a home site property as land that is less than 10 acres and does not have any structures on it. These loans are typically utilized by customers who plan on building a home or cabin on the land. Financing options vary for each individual and property type, however, 20 percent down is usually required on home site loans up to $125,000. Property with a purchase price greater than $125,000 generally requires a down payment above 20 percent. 


Many people are taking advantage of GreenStone’s flexible financing to purchase property they will have in their family for generations to come. To learn more about home site loans, recreational land loans, country home mortgage loans and finding the best loan for your needs, visit or stop in a GreenStone branch near you.


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Sturgeon Bay Branch Temporarily Closed 7/28 & 7/29

Due to a lightning strike, the Sturgeon Bay building is experiencing network issues and will be closed until it is resolved. Staff are working remotely and continue to be available by phone and email.