New York Land Financing, Loans and Notes

Land financing is available with several local banks and community thrifts located near Land First. Land loans, camp loans, cabin and cottage notes, seasonal dwelling financing and new construction loans are just some of the borrowing instruments used by our customers to secure their property.

Several proven options exist to build your new lake house, waterfront home or vacation cabin. Local banks, community thrifts and area savings & loans all recognize the unique value of our rural areas. The established recreational uses and history of strong vacation property values supports the local economies. Local lenders have traditionally supported seasonal real estate and the dwellings enjoyed by recreational owners. They offer a variety of lending vehicles to assist you in your land and home financing needs. Land First supports local land financing because it helps our neighboring communities, thus supporting and growing our regional economies.

Land financing examples:

Land-only loans - current fixed mortgage rates start as low as:
     7.9% interest rate with 35% down and up to 15-year terms.

Seasonal dwelling loans on developed land - current fixed mortgage rates start as low as:
     4.9% interest rate with 20-35% down and 15-year terms and beyond up to 30-year terms.

Many of the land loans have monthly payments around or under $300/month.
Most land loans are fixed-rate mortgages and have no pre-payment penalties.

Other Land Financing Options

Over the years many people have found ways to fund their land and structure purchase through their own sources like:
  • Home equity loans or home credit lines.
  • Allowable loans within personal retirement accounts.
  • Personal loans.
  • Loans from local credit union.
  • Borrowing from relatives.
  • Gifting and/or trusts.
  • Using savings, CD’s, stocks or other securities.

Owner financing is occasionally made available through Land First and its established agents or assigns, call now for more information.

Please call for more details about loans, notes and other land financing currently available.

Call 1-888-683-2626.

When you call today, we can provide you with update rates, terms and current conditions from all our local lending sources. Proven local financing is available and we can help find the finance vehicle that fits your unique needs and your special requirements, remember we have been helping people like yourself since 1998. Please call now for more information.