Lot and Land Loans for that Perfect Plot of Land

found land for your dream home?

WE HAVE THE SOLUTION

Financing land can sometimes be a challenge. If you’re looking for a spot to build your dream home, Univest can help you finance the perfect lot with a lot loan. Lot loans allow you to purchase the property now and build later.

what is a lot or land loan?

A temporary lending solution to finance land that a borrower will eventually build a residence on.

features of a Univest lot loan

• Vacant land (residential only)
• Must build home on land within 2 years
• 2-year term with a 15-year amortization
• Purchase only (no refinance)
• Unique property lending:
• Primary residence
• Secondary homes
• Maximum loan amount is $250,000
• Type of housing:
• 1-2 units
• Modular pre-cut/panelized housing
• Down payments and requirements
• 25% down for primary residence including 1-2 units
• 30% down for second home including 1 unit

Interested in a lot loan from Univest? Please submit your information via the contact form on this page and one of our home loan experts will follow up.