If your plan is to find that perfect piece of property and build your dream home on it, a vacant land loan is your first step in the process. Vacant land loans are available on all islands. The maximum term of a vacant land loan is 3 years. During that period you will make interest-only payments, unless you choose to pay down principle. The balance of the vacant land loan will carry over to your construction loan.
- Interest-only payments
- Loan terms for a maximum of 3 years
- Up to $1,000,000 loan amount
- Local financing
Vacant Land Loan RequirementsOur Vacant land loan is designed to offer financing while you work with your architect and builder to get your plans, specs, and permits in place. With interest-only payments, this loan will keep your expenses down until you are ready to build.
How to Apply
Get pre-approved today! Hawaii Mortgage Company has a secure, online application that will streamline the process. Access it here.
Want more information on our Vacant Land program? Contact one of Hawaii Mortgage Company’s experienced professionals for a hassle-free explanation of this loan program. Serving Oahu – Hawaii – Maui – Lanai – Molokai – Kauai