Residential Lot Loans

Main Street Mortgage Company is pleased to offer a variety of options to finance the purchase of a residential lot in the Houston MSA (Harris, Fort Bend, Galveston, Brazoria, Montgomery Waller and Liberty Counties).

Our Houston Texas Lot Loan programs are designed so you can purchase land now and build your home in the future.  All programs require full documentation with income, asset and credit qualification along with property acceptance/satisfactory appraisal.

General Comments and Information:

  • Max 90% Financing - only available on 2 Year Note.  Standard is 80% financing
  • Variety of Loan Terms Available - Short Term and Long Term Options
  • Example Loan Terms:  1 or 2 Year Fixed Rate Note with Interest Only Payments, 3 Yearr Fixed Rate with 15 Year Payments, 5 Year Fixed Rate Note with 15 Year Payments or 10 Year Fixed Rate and Term Loan
  • Income, Credit, Asset and Property approval required