Lot Loans for Primary Residences

Attention Mortgage Customers:
We are not taking new applications for Lot Loans at this time.
To view Colonial's wide range of other Home Loan Programs, Click Here.


Colonial offers lot loans for when you've found the perfect location to live, but aren't quite ready to build a new home.

  • Lot loans from $25,000 to $350,000
  • 90% LTV; 720 minimum FICO
  • Interest-only monthly payments with one year to begin construction
  • Must also qualify for the Colonial Single Close Construction Loan
  • Five acre limit in non-rural areas of Texas and Colorado
  • Low rate of Prime + 2.00%