Land and Lot Loans
Whether you plan to live in a subdivision lot or on a whole lot of land, Pelican State Credit Union can help you purchase a plot of any acreage.
Apply for a Land or Lot Loan long before you begin to build, and take a tangible stake in your future home.
- Great low rates
- Land loan — 80% loan-to-value of purchase price or appraised value of refinances
- Lot loan — 80% loan-to-value of purchase price or appraised value of refinances
- Local decision-making
- Personal service
- Talk to a community-driven credit union
- Land Loan vs. Lot Loan
A Lot Loan applies to any property located within a subdivision. Subdivisions consist of lots similar in size and frontage as shown on file with the Clerk of Courts.
A Land Loan, put simply, applies do any property that a Lot Loan does not. Downtown to low country, small plot to sprawling plantation, Land Loan properties are as unique as the Louisiana landscape.