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Lot Loan

There is a lot of potential with a potential lot.

Find your personal slice of paradise and start looking at floor plans, because building your next home from the ground up just got easier.

Live anywhere you want

A lakeside home. Living large in the country. The convenience of a new neighborhood. Owning your dream property starts with a vision and a Lot Loan from Addition Financial. Once you’ve chosen the piece of land you want to call your own, we’ll help you take care of the financial details.

Get your hands on land

Maybe buying a preowned or prebuilt home isn’t for you. Or maybe you’re planning to build your forever home in a few years but the perfect piece of land is available now. Whatever your situation, an Addition Financial Lot Loan can help you secure the ideal spot for your future primary residence.

What to expect after you apply:

We want you to feel prepared as you navigate this application process. Download this checklist to learn about what you'll need to have on-hand once you've hit "submit".

  • 5, 10, and 15 year fixed rate terms
  • Minimum loan amount $25,000
  • Maximum loan amount $300,000
  • Financing available up to 75% of purchase price or appraised value, whichever is less
  • Purchase & refinance
  • Maximum 10 acres lot size
  • Land must be zoned as residential

Payment examples

TermRate "as low as"APR "as low as"Example loan amountExample monthly payment
5 years8.750%8.750%$300,000$6,191.17
10 years9.250%9.250%$300,000$3,840.98
15 years9.750%9.750%$300,00$3,178.09


Historical example as of 03/03/2023

Why Addition Financial?

Earn More + Pay Less

Competitive rates on deposits, loans and credit cards.

24/7 Convenience

Manage your account completely online.

Keep It Local

Your money stays right here in the community.

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Get a lot without paying a lot

Whether you’re buying your first home or you’ve done this before, Addition Financial offers a variety of mortgage options to suit your needs plus one-on-one advice to help you reach your goals.
  1. 1
    Review eligibility

    Anyone who lives, works, worships, volunteers or attends school in select counties may join. View our "Become a Member" page for full eligibility.

  2. 2
    Complete loan application

    When you’re ready, complete the online application or visit your branch to apply in person.

  3. 3
    Make sure you have everything you need

    Download our "next steps" checklist and review the required materials.

Get your learn on

Think of us as your personal financial guru, partner and coach for wherever life’s journey takes you. To help you live your best life, we offer money management tools, financial literacy seminars and expert advice that’s easy to understand. Start making every moment (and every penny) count.