Lot & Land Loans
Lot & Land Loans
Dream Big. Let SESLOC help.
Secure the perfect spot for your California Central Coast dream home. This home loan can be used to finance the purchase of land or a lot property for a home you build. Let SESLOC help make your dream housing location a reality.
Lot Loan
This adjustable rate loan has a 15-year term to keep payments more affordable.1 It also offers a 1% semi-annual rate cap / 5% lifetime rate cap.
Lot loans are eligible for our 15-Day Mortgage Close Program.
Rate Index: Secured Overnight Financing Rate (SOFR)
Additional products and/or rate options may be available. Contact a Mortgage Loan Officer near you for more information.
Click the rate or APR to see a payment example.1
1 Refer to our Payment Calculator to estimate additional payment examples.
APR = Annual Percentage Rate. Rates are subject to change without notice. Loan terms based on credit history and other underwriting criteria and subject to credit approval. Loan terms and conditions subject to change without notice.
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15-Day Mortgage Close Program
Your Fast Pass to Homeownership
We’re here to make the mortgage process as smooth and speedy as possible. See if you're eligible for our fast pass!
Ready for the next step?
Review our handy documentation checklist and application how-to. Or, get started with a pre-approval or free consultation using the forms below.
Get Pre-approved or Apply Now!
Get Pre-approved or Apply Now!
There is no obligation to join SESLOC or apply for a loan. By submitting this form, you agree to receive email communications from SESLOC and phone calls if this preference is indicated. You can unsubscribe at any time.
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Home Buying
From the News+ Blog
Mortgage Points: What You Need to Know
What are mortgage points and are they right for you? Mortgage points are basically discount points. When you’re getting your home loan, you can buy mortgage points to lower your rate and save you interest in the long run.
Mortgage Pre-Approval: Your Key to Successful Home Buying
With the Federal Reserve having lowered interest rates, you may be thinking that now is the perfect time to consider purchasing a home. If you are ready, it is best to proactively position yourself in an advantageous spot as a buyer by completing a mortgage pre-approval before you begin house hunting.
How to Set Homeownership Savings Goals
When you’re thinking about a new home, it all starts with creating a realistic savings plan to work towards it.
Savings are insured to at least $250,000 and backed by the full faith and credit of the U.S. government. National Credit Union Administration, a U.S. government agency.
