Lot Loans for Primary Residences

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%