Lot Loans

Lot Loan Specials

2.499% APR*

20% down payment

12 Interest-only monthly payments

 

5.00% APR**

0% down payment

3 years

 

You’ve found the perfect property to build your dream home. The experts at American Trust make it quick, easy, and affordable to purchase your lot, finance your construction, and get you into the right home loan. To get you moving, take advantage of our lot special.

Plus, when you finance your construction and permanent loans with us, we’ll credit $250 of the document fee plus $250 toward closing costs on your final mortgage!

*Subject to credit approval. Limited time offer. Rate subject to change and requires credit score of 740 or higher. One per household. Residential only. Other restrictions may apply. Other rates available. Payment example: $50,000 purchase with $10,000 down financed at 2.499% APR = 12 monthly interest-only payments of $82.16 to 84.90. Payments do not include taxes or insurance premiums. Balloon payment is required after 12 months if not converted to another mortgage. See a lender for complete information on lot, construction, and mortgage loans. Borrowers who finance construction and final mortgage with American Trust receive $250 document fee credit and $250 credit toward closing costs. Borrower pays out-of-pocket fees (including legal, abstract and filing, etc.) plus $250 document fee. 

 

**Subject to credit approval. Limited time offer. Rate subject to change and requires credit score of 700 or higher and auto payment from American Trust checking account. One per household. Residential only. Other restrictions may apply. Other rates available. 5.00% APR is fixed for three years and amortized up to 15 years. Payment example: $50,000 financed at 5.00% APR for 36 months has an average monthly principal and interest payment of $395.48. Balloon payment is required after 36 months if not converted to another mortgage. Borrowers who finance construction and final mortgage with American Trust receive $250 document fee credit and $250 credit toward closing costs. See a lender for complete information on lot, construction, and mortgage loans. Borrower pays out-of-pocket fees (including legal, abstract and filing, etc.) plus $250 document fee.