Who lot loans are for
Lot loans fit buyers who want to secure land before they're ready to build, people buying a lot inside a planned subdivision, and owners who want to refinance land they bought with cash. Greg also helps buyers who are ready to build right away go straight to a one-time close construction loan that includes the lot.
What lenders look at on Arizona land
- Utilities and access: legal road access, water (city, private company, or well), power, and septic or sewer
- Zoning: residential zoning that allows the home you plan to build
- Improved vs. raw land: improved lots with utilities nearby generally qualify for better terms than raw desert parcels
- Size and location: acreage, flood zones, and whether the lot is inside a city or unincorporated county land
Down payments and terms
Land loans usually require a larger down payment and carry shorter terms than a home mortgage, because there is no house securing the loan yet. Improved lots in established areas get the most flexible options. Greg compares lenders on rate, down payment, and term so the numbers work with your build timeline.
From lot to construction
When you're ready to build, your lot loan can be paid off by a one-time close construction loan, and the equity you've built in the land can count toward your construction down payment.
Frequently asked questions
Can I get a loan for raw land in Arizona?
Yes, but raw land without utilities or road access is harder to finance and usually needs more down. Lots with utilities at or near the property qualify for better terms.
Does a well or septic system affect my lot loan?
It can. Lenders want to confirm water and wastewater solutions are feasible. Greg will tell you what reports or permits a lender may ask for.
Can I use a lot loan for an investment parcel?
Some lenders finance investment land with different terms. Greg will match the lot and your plans with the right lender.
Information is general and current as of November 2026. Program availability, terms, and limits change; Greg confirms what applies to you.