Vacant Land Loans
Build Your Paradise
Have you ever dreamed of owning your own piece of paradise? With HFS Federal Credit Union, that dream is closer than you think. Introducing our Vacant Land Loan, designed to help you secure the perfect location to build your paradise—whether it’s for your future home, a private retreat, or a family legacy. With a competitive APR1 of 6.25%, you can borrow up to 90% of the land's value, making it easier to get started. For the first 36 months2, you’ll enjoy interest-only payments, giving you time to plan, design, and envision the future you’re creating.
Click the link below to Download an Application today or schedule an appointment to meet with a Loan Officer.
Disclosures
1 APR = Annual Percentage Rate. The stated rate is based on a Vacant Land Interest Only Loan with a balloon payment due at 36 months.
2 Payment example: A $100,000 loan at 6.25% APR for 36 months will have monthly payments of $513.70 with a balloon payment of $100,000 plus any interest due for the current month at the end of the loan term. Subject to credit approval. Rates are fixed for
the life of the loan. Member will be responsible for all expenses incurred to secure the loan. HFS Federal Credit Union is an Equal Housing Lender.
the life of the loan. Member will be responsible for all expenses incurred to secure the loan. HFS Federal Credit Union is an Equal Housing Lender.
Membership with the Credit Union is required and open to all who live, work, worship, attend school, volunteer, or participate in associations headquartered on the island of Hawai’i. A minimum opening balance of $50.00 is required to open a Savings Account. Federally Insured by NCUA.