Search Personal Business Loans Rates Community Contact Us Branch & ATM Locations Lot Loans Lot Loans PURCHASE THE LAND OF YOUR DREAMS Consumer Lot Loan Features This loan program is intended for use by individuals that are purchasing or refinancing buildable land for constructing a personal residence in the future. The qualifying payment will be a fixed-rate 10-year amortized payment, with a balloon payment required for the remaining balance at loan maturity (5-year loan term). Fixed-rate. Fixed-term. Up to 75% of the collateral’s appraised value (subject to program maximum loan amount). CONSUMER LOT LOAN APPLICATION CONSUMER LOT LOAN RATES Rates and fees are subject to change without notice. Rates are effective as of November 24, 2021. Loan Amounts Maximum Term Maximum LTV Interest Rate Annual Percentage Rate (APR) $1,000 to $200,000 60 months 75% 5.500% 5.788% CONSUMER LOT LOAN DISCLAIMER Loan must be in 1st lien position. Buildable residential lots/acreage only. Property must be zoned for residential 1-4 family prior to loan closing. The maximum loan amount is $200,000 or a Maximum Loan-to-Value (LTV) of 75%, whichever is less. The maximum LTV is calculated using the appraised value of the property. For example, if the property value is $100,000, the maximum loan amount is limited to $75,000 ($100,000 multiplied by 75%). Interest rates for lot loans are fixed for the term of the loan. The Annual Percentage Rate (APR) assumes the maximum loan amount for the maximum term. Using the example of a $200,000 loan, 59 monthly payments of $2,170.53 would be required with a final payment of $115,168. Estimated maximum payment does not include amounts for taxes and insurance. Actual payment obligation may be greater. Minimum payments will not repay the outstanding principal. The entire outstanding balance is required to be paid at loan maturity. Certain restrictions apply. Borrower is responsible for closing costs. For example, a $200,000 loan secured by property in Kansas would involve closing costs totaling approximately $4,700. Loan For Any Purchase Personal unsecured loans are available for any purchase – older model cars, debt consolidation, etc. MORE ON PERSONAL LOANS Loans From mortgage loans to auto and personal loans, Capitol Federal® can help with your lending needs. MORE ON LOANS Auto Loans When choosing a better car, choose a better loan, too. We have great rates for new and used models. MORE ON AUTO LOANS <span class="is-hidden">Facebook</span> <span class="is-hidden">Twitter</span> <span class="is-hidden">Instagram</span> <span class="is-hidden">YouTube</span> <span class="is-hidden">Pinterest</span> <span class="is-hidden">LinkedIn</span> Investor Relations Careers Privacy and Security About Us Copyright © 2021, Capitol Federal® Savings Bank. CAPFED®, CAPITOL FEDERAL®, TRUE BLUE®, TRUE BLUE ONLINE®, BLUE BUCKS®, CAPITOL AGENCY®, CAPITOL FEDERAL FINANCIAL, INC.®, CAPITOL FEDERAL FOUNDATION®, HERITAGE TRAVEL CLUB®, CAPITOL FEDERAL AMPHITHEATER® and the associated logos and family of marks are registered and/or proprietary trademarks of Capitol Federal® Savings Bank.