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Vacant Land Loan

Whether you are looking to purchase some vacant land to build your dream home, build a cabin or just for hunting – we do have vacant land loan solutions for you. Our mortgage department will assist you and point you in the right direction. Apply today!

Whatever the reason you are looking to purchase vacant land for, Frankenmuth Credit Union can help. Whether it be for personal use or business reasons, we have options at good rates and flexible repayment terms.

DescriptionAPR*
as low as
10 Year Fixed†6.875%
15 Year Fixed†6.625%
20 Year Fixed†6.625%
30 Year Fixed†6.500%
Rural Development6.875%
5 Year Balloon Construction LoanContact Us
10 Year Construction Loan6.625%
15 Year Construction Loan7.125%
20 Year Construction Loan7.000%
30 Year Construction Loan7.375%
5 Yr. Balloon7.500%
10 Yr. Balloon7.600%
*APR=Annual Percentage Rate. Contact us for more information. A loan application fee applies and is included in the APR calculation. FCU Mortgage rates are subject to change at anytime. To get a specific rate, for your individual situation, please contact our Mortgage Department at 989.497.1600.

†Rates are based on a $150,000 loan amount. Rates and fees may vary based on market conditions and are subject to change at any time. Rates are based on a 30 day lock.
Effective Date: December 6, 2023

On Computer, Phone, App:

  • Login to Online Banking
  • Choose New Accounts
  • Choose Apply for Loan
  • Click More Loan Info
  • Select Loan Type
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