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can finance the purchase of unimproved property or raw land at attractive
rates through Altamaha FCU. Loans of up to $150,000 are available,
for up to 90 percent of appraised value.
 The
following guidelines apply:
- Land loans
will be processed and administered by the Credit Union, with the
assistance of an attorney for all closings.
- Loans will
be granted only on unimproved property or raw land.
- Maximum
loan amount is $150,000.00.
- The Credit
Union will loan a maximum of 80% of the appraised value.
- Maximum
maturity for any land loan is 12 years.
- An appraisal
will be obtained for land loan closings, along with a title search
and title insurance. A security deed will be completed and filed
for all land loans.
Please contact
us for more information on loans. Click
here for rates and terms on Altamaha FCU loans.
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