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Lot Loans in Utah

It's all about the location! 

empty lot loans in utah

Don't let the perfect location pass you by!  If you’ve found the best spot for your future home but aren’t ready to build, don’t let it slip away. University Federal Credit Union offers lot loans at competitive rates, so you don’t miss out on any opportunities. 

apply for a lot loan today!

What is a Lot Loan? 

Simply put, a lot loan is financing for the piece of land you will eventually build a home on. These are often utilized when you’ve found a prime location, but aren’t ready to begin construction. This loan is not the same as a construction loan, but can easily transition to that type of loan when it’s time to start building. 

 UCU Offers Competitive Lot Loan Rates in Utah 

University Federal Credit Union is proud to offer the best lot loan rates in Utah. Some of the benefits of this loan include:

  • Borrow up to 70% of the value of the lot
  • 24 month term
  • Fixed rates
  • Amortized for 15 years

With these perks, it is easier than ever to secure your dream location. Our loan specialists are more than happy to help you find the perfect loan. If you have any questions or need assistance, contact a loan specialist today. Apply now and take the first steps to building your future home in the perfect place!


Loans subject to credit approval. See current rates and terms. Lot loans will require a minimum of a 30% down payment. For example a $50,000 loan approved at 70% of value would require a down payment of $15,000. The minimum payment for a $35,000 loan with a 5.75% APR, amortized for 15 years with a 24-month term is approximately $290.64 for the first 23 months of loan repayment and a balloon payment of approximately $32,171.86  for the final payment.  This payment example does not include taxes and insurance.  Your actual payment may be higher.  The monthly obligation will be determined by the total loan amount at the time of closing and the term and interest rate of the loan.