Land Loans in Lousiana

Are you interested in building your dream home? Custom houses can provide the perfect spot to settle down, raise a family, or spend your retirement. However, if you’re going to start from scratch, you need land to build on.

OnPath Federal Credit Union offers land loans as one of our many mortgage programs. For nearly 60 years, we’ve provided prospective homeowners with the reliable funding necessary to secure lots for construction. Our Mortgage Lending Experts are happy to help you through the application process and explore all the benefits you can enjoy with land financing.

Easy Pre-Qualification

Pre-qualification is optional, but a great step in getting a land loan. By getting prequalified, you obtain an estimate of how much you can potentially borrow. Having a number in mind may help you budget during the buying process, especially if this is your first land purchase.

Getting prequalified with OnPath Credit Union is an easy step. All you have to do is speak with one of our helpful experts, who will need some basic information about your finances:

• Income
• Credit history
• Assets
• Debt

Once the estimate has been processed, you’ll have an idea of what you can afford when looking at potential lots.

Expedited Mortgage Process

Getting approved for a mortgage is usually a long process involving lots of paperwork. However, at OnPath Federal Credit Union, we offer an expedited mortgage process thanks to our local decision making.

Expediting allows you to close on the property sooner. This can give you an advantage when buying, especially if there are other bidders or the market is in flux. When you choose OnPath Federal Credit Union as your lender, we can help you get building faster while offering competitive terms.

Quick Decision-Making

Once you apply, you don’t want to wait forever for an answer. The faster the approval, the more likely you are to get the perfect spot for your dream home.

The loan officers at OnPath Federal Credit Union process applications and make decisions locally so our members get their answers faster. Although the process has several steps, we’re more than happy to answer any questions and keep you updated along the way. We can help you make sure all necessary documents are submitted, thereby preventing delays.

Why Choose Us

When you’re looking for your future home, you need a lender who delivers excellent customer service and fast funding. At OnPath Federal Credit Union, we pride ourselves on providing our members with competitive financing and expert support. For more information, give us a call at 800-749-6193 or contact us online.