Real Estate Lending for All Your Moments
Hot homes are selling as fast as they hit the market, making home buying more competitive than ever. Some enjoy the challenge, for others the pace can be exhausting. Here’s a reprieve.
River Region Credit Union offers some of the most competitive land and construction loans in the area. If you’re tired of waiting for the perfect home, build it!
LAND 5/5 ADJUSTABLE-RATE MORTGAGE
- Up to 30-Year Term
- Early Rate Lock
- 20% Down Payment
- Competitive Rates
This loan fixes your rate for a 5-year period. Then it’s subject to fluctuations every 5 years. Your rate can never increase by more than a lifetime cap of 5.00% above the stated rate*.
Once the land is yours, you’re ready to build! Then tap into our great rates for a construction loan.
CONSTRUCTION LOANS OFFER:
- Line of Credit
- Interest-Only Payments (based on the amount advanced)
- 20% Down Payment (based on appraised value)
Be sure to secure your loans while rates are still low. A steady rate increase is expected through 2022.
SEE ALL LOAN DETAILS