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Purchasing land can be a smart first step toward building your future—whether that means a custom home down the road or a long-term investment. To help make that step more accessible, PRMI now offers a dedicated Land Loan program designed with flexibility, simplicity, and competitive pricing in mind.
Whether you’re purchasing residential land or refinancing an existing land loan, this program provides a straightforward structure with a fixed interest rate and the freedom to build when the time is right.
What Can a PRMI Land Loan Be Used For?
This loan program is designed to support a variety of land-related goals, including:
- Purchasing residential land, including approved or non-approved buildable lots
- Refinancing an existing land loan
- Securing land now with the option to build in the future
This makes it an ideal option for buyers who want to lock in land today while keeping their long-term plans flexible.
PRMI Land Loan Program Highlights
Here’s what sets this program apart:
- 10-year fixed-rate loan
- Competitive fixed interest rate for predictable payments
- Minimum 680 FICO score
- Up to 80% loan-to-value (LTV)
- Loan amounts from $50,000 to $500,000
- First lien position
- Eligible for non-owner occupied and investment properties
- Available nationwide
Is a Land Loan Right for You?
If you’re planning ahead, investing in land, or want to secure the perfect property before you’re ready to build, a land loan could be a smart move. As with any financing decision, the right option depends on your goals, timeline, and overall financial picture.
Have questions or want to explore whether this program fits your plans? Reach out today—we're happy to walk you through the details and help you take the next step with confidence.
Written January 20, 2026