Land Loans Made Simple

From homesites to open acreage, we make it easy to finance the property that fits your plans.

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Start with the Land. Build Your Future.

Finance your perfect piece of property with flexible land loan options from Santa Rosa County Federal Credit Union. Whether you're planning to build or invest, our local team is here to help every step of the way.

  • As little as 10% down

  • Borrow up to 90% loan-to-value

  • 5, 10, 12, 15 & 20-year terms available

  • Loans up to $250,000

  • Property must be located in Santa Rosa, Escambia, or Okaloosa County

    Unimproved property loans available for land that has not been developed or improved. We proudly serve members throughout Santa Rosa, Escambia, and Okaloosa Counties.

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Estimate Your Payment & View Current Rates

Get a better idea of what your land loan could look like based on current rates.

Current Rates

Land loan rates
Loan Type Approximate Term APR*
(As Low As)
Land Loan Up to 60 Months 6.49%
Land Loan Up to 120 Months 6.99%
Land Loan Up to 144 Months 6.99%
Land Loan Up to 180 Months 7.24%
Land Loan Up to 240 Months 7.49%

Flexible terms available to fit your timeline and goals.

Payment Calculator

Land Loan Calculator

Estimate your monthly payment and total cost for financing land based on your purchase price, down payment, and loan terms.

Land Purchase Details

Land loans often require 10%–30% down.

Loan Details

Loan Amount: $0.00
Monthly Payment: $0.00
Total Interest Paid: $0.00
Total Cost of Loan: $0.00

*The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

Ready to get started?

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Financing Land for What’s Next

Whether you're planning to build your dream home, invest in property, or secure land for the future, Santa Rosa County Federal Credit Union offers flexible land loan options tailored to your goals. Our local team provides straightforward guidance and personalized service every step of the way.

Land Loans for Every Purpose

Future home site land purchase

Future Home Site

Purchase land now and build when you're ready.

Recreational land property

Recreational Property

Ideal for weekend getaways or outdoor use.

Land investment opportunity

Investment Opportunity

Secure property for long-term value.

 

Not Ready to Build Yet? No Problem.

A land loan gives you the flexibility to purchase property now and build when the time is right. There’s no requirement to begin construction immediately—so you can move forward with confidence on your timeline.

Land loans are designed specifically for undeveloped property—no construction plans required.

Why Finance Your Land with SRCFCU?

  • Local decisions made right here in your community
  • Competitive rates and flexible terms
  • Personalized, one-on-one service
  • Trusted financial partner since 1957

Simple, Straightforward Process

1

Get Started

Submit a short form to tell us about your needs.

2

Connect

A loan specialist will reach out to review your options.

3

Complete Your Application

Finalize details and move forward with your loan.

 
 

Get Started with Your Land Loan

Tell us a little about what you're looking for, and our lending team will reach out to guide you through the next steps. We’ll help you explore your options and complete your application with confidence.

It only takes a minute to get started—no commitment required.

No application required upfront—just tell us what you're looking for.

Prefer to get started in person? You can also download a home loan application and bring it to one of our locations.

 

Disclaimer:
*APR= Annual Percentage Rate. Standard credit qualifications and other terms and conditions apply. Loans are subject to credit approval. Rates are subject to change without notice and may vary based on creditworthiness, loan term, and collateral. SRCFCU membership required.

NMLS#416274

Land Loan FAQs

  • A land loan is a type of financing used to purchase undeveloped or unimproved property. At Santa Rosa County Federal Credit Union, our land loans help members in Santa Rosa, Escambia, and Okaloosa Counties buy land for future home construction, recreation, or investment purposes.

  • No, you do not need construction plans to qualify for a land loan. Our land loans are designed for members who want to purchase property now and build later, giving you the flexibility to move forward on your timeline.

  • We finance unimproved land that has not been developed or built on. The property must be located in Santa Rosa, Escambia, or Okaloosa County in Northwest Florida. Additional requirements may apply based on the property and intended use.

  • Qualified borrowers can finance up to 90% of the land’s value, with loan amounts available up to $250,000. Final loan terms and approval are based on creditworthiness and other factors.

  • Down payments for land loans typically start as low as 10%, depending on credit qualifications and the property. A higher down payment may help secure better loan terms.

  • We offer flexible repayment terms including 5, 10, 12, 15, and 20-year options, allowing you to choose a structure that fits your financial goals.

  • A land loan is used to purchase undeveloped property, while a traditional mortgage is used to buy a home. Because land does not include a structure, land loans may have different terms and requirements compared to home loans.

  • Getting started is simple. Fill out our quick form, and a local loan specialist will contact you to review your options and guide you through the next steps.

 

need help?

Our dedicated Lending Team can help you get customized quotes, competitive rates, and expert guidance for all of your Land Loan needs.

Call 850-623-3877 or email mortgages@srcfcu.org.