Can I get a lot and land loan at Fox Communities Credit Union?Posted on by Fox Communities
At Fox, we’re here to help you make that perfect plot of land happen with a lot and land loan
If you ever want to have the chance to retire, sit on your front porch, and yell at the neighborhood kids to get off your lawn, well, you first need a lawn of your own. And there’s no better way to get your own lawn – or hunting land, or vacation land, or any other kind of land you want – than with a lot and land loan from Fox Communities Credit Union (“Fox”). That’s because a lot and land loan from Fox, and the friendly Fox team members you’ll be working with along the way, will help you achieve your dream of becoming a property owner – and it’s all just a click away!
What advantages come with a Fox lot and land loan?
You mean, besides becoming a landowner? We kid, of course, because there are multiple advantages that come with securing a Fox lot and land loan to find the perfect plot of land for you and your needs – and dreams. Those advantages include:
- A variety of Adjustable-Rate Mortgages (ARMs) to fit your needs including one-, three-, five-, seven- or ten-year options. After an initial fixed rate period, your interest rate may be adjusted annually until the loan is paid off
- Up to 30-year amortizations available
- Affordable 20% minimum down payment
- Flexible loans for lot and land purchases – for both residential lots and undeveloped land
- In-house approval process to help ensure your loan is processed quickly
- No separate loan statement to watch for – your loan information will appear on your regular statement
- Already living your hunter’s dream, but hate your loan rate? Save money on interest and payments when you refinance with Fox
If you’d like to learn more about lot and land loans from Fox, please contact our friendly Fox team or come see us at one of our many Fox locations. You’ll also want to check out our rates. And if you’re interested in everything else Fox can do for you, please check out our Fox blog.
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