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HCTeach

Beach Comber
Aug 1, 2018
10
1
Santa Rosa Beach
Anyone have any advice on where to get a lot loan? Looking to buy just the Lot but not build just yet so construction perm loan won’t work. Thanks! :)
 

Jimmy T

Beach Fanatic
Apr 6, 2015
866
1,235
Anyone have any advice on where to get a lot loan? Looking to buy just the Lot but not build just yet so construction perm loan won’t work. Thanks! :)
That's a tough one. I don't know of any banks doing lot lones. Alternatives could be a home equity line of credit or a personal loan. Best of luck!
 

BlaineAtk

Beach Comber
Mar 31, 2012
34
8
I have gotten lot loans in the past. The last one that I had was through Coastal Bank & Trust. Was an easy process but keep in mind the down payment is typically a little higher than that of a typical mortgage.
 
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