Lot and Land Loans
With a Lot Loan from WaFd Bank, get the financing you need to buy the perfect spot for your new home.
Consider a WaFd lot loan and receive a discount on closing costs when you finance construction of your custom home with us within two years. We offer a 20-year term lot loan for long-term plans. Apply online, where you can upload your documents and receive status updates in our secure portal.
Land Loan Checklist
- 70% LTV, Improved Land
- Available on loan amounts up to $700,000
- 20 year term available
Land Loan Calculator
Lot and Land with a Pre-Approval*
A verified Pre-Approval gives you the confidence of knowing how much house you can afford. Our Pre-Approval program is verified by our Underwriting Team, and lets sellers know you're a serious buyer who can qualify for the house you are interested in.
*WaFd Bank Pre-Approvals are based on verified credit, income, and employment verification.
Save Up to $600 on Closing Costs With a Checking Account From WaFd Bank*
*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.
Our Custom Construction Loan Advantage
WaFd Bank is unique when it comes to construction loans and home building financing.
Arizona, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, and Washington
Benefits of Working With WaFd Bank
Benefits of Working With WaFd Bank
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We're Here for You
From submitting your application through closing and beyond
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Competitive Rates
We have competitive mortgage rates and will be with you every step
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Apply for a Loan Online
You can quickly and securely apply online in minutes
Frequently Asked Questions
![Wood model house in empty field at sunset.]()
7 Tips for Buying Land to Build a House
![House project in progress.]()
3 Things to Consider in a Custom Construction Loan
![Construction to Permanent Loan Advantages & How They Work]()
Construction-to-Permanent Loans Explained
Want More Help? Come See Us.
If you're a first time home buyer and have done all your research but want help, just stop by. We're nearby, and we'll sit down with you and answer any questions you may have.