Construction, Vacant Land & Renovation

Build your dream home!

Don’t let the low inventory of available homes keep you from the home of your dreams. Build new with LMCU! Get approved for a LMCU Dream Builder℠ Construction Loan.

Vacant Land ›

Vacant Land
  • As little as 10% down
  • 20 acres or less - 90% maximum Loan-to-Value (LTV)
  • 20 plus - 40 acres - 80% maximum LTV
  • $500,000 maximum on vacant lot loans, depending on credit score

Rural Construction ›

rural construction
  • $0 down
  • Provides financing for low-to-moderate income families in rural areas
  • Don't have to be a first time homebuyer
  • 30-year fixed rate

*The 75% is based on the lower of the after-completion value or purchase price plus renovation costs. **Multiple renovation options. Up to 97% LTV (Loan-to-Value) is available through the HomeStyle Renovation product. Must meet eligibility requirements. Contact your LMCU loan officer for details.