Land Loans
Put your dream home right where you want it. With a Lot Loan from WaFd Bank, get the financing you need to buy the perfect spot for your new home, whether you're building in two years or 20. We offer loans on improved land up to $700,000. Consider a WaFd short-term lot loan and receive a discount on closing costs when you finance construction of your custom home with us within two years. We also offer a 20-year term lot loan for long-term plans. Apply online, where you can securely upload your documents and receive status updates in our secure portal. WaFd Bank has been helping people build their dream homes for more than 100 years.
Land Loan Calculator
- Payments quoted may include estimates of taxes & insurance, so actual payments may be higher.
- Loans are subject to credit approval. Restrictions and limitations may apply.
- 0.768333% tax rate used in estimate.
- Rates for intended use of primary residence or second home.
- This calculator is for educational purposes only, and may not represent WaFd Bank's lending program requirements.
- Ask us about additional available loan programs.
- 2% interest rate discount available on short term lot loans for borrowers with a down payment of 50% and a FICO score of at least 720. Contact your neighborhood loan officer to learn more.
- Payments quoted may include estimates of taxes & insurance, so actual payments may be higher.
- Loans are subject to credit approval. Restrictions and limitations may apply.
- 0.77% tax rate used in estimate.
- Rates for intended use of primary residence or second home.
- This calculator is for educational purposes only, and may not represent WaFd Bank’s lending program requirements.
- Ask us about additional available loan programs.
- 2% interest rate discount available on short term lot loans for borrowers with a down payment of 50% and a FICO score of at least 720. Contact your neighborhood loan officer to learn more.
Other WaFd Calculators
Other WaFd Calculators
Your neighborhood loan officer can help you get started
Lot Loan Basics
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What should you look for when shopping for a lot?
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Building your dream home: Part I — Foundation, Framing & Roof
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Building your dream home: Part II — Windows, Plumbing, Electricity & Insulation
Land Loan Checklist
Frequently Asked Questions
Want more help? Come See Us
If you've done all your research but aren't sure whether a lot loan makes sense, just stop by. We're nearby, and we'll sit down with you and answer any questions you may have.
Arizona, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, and Washington* To qualify for the maximum $600 discount, before closing documents are prepared you must (1) have or open the WaFd checking account, (2) register for EZ-Pay from the new checking account, and (3) sign up for direct deposit of at least one form of a monthly recurring source of income.