Residential Lot Loans Available in the Austin, TX Market

Lot Loan Austin, TX

If you’ve found the perfect lot for your dream home in the Austin area, but just aren’t ready to build, a Lot Loan from Broadway Bank is a great solution. Our Lot Loans make sure you don’t miss out on that perfect lot and allow you to build when the time is right.

The Benefits of a Lot Loan

Broadway Bank’s Lot Loans deliver:

It’s Easy to Apply for Your Lot Loan in Austin

We’ve made it quick and easy to apply online TODAY.

Questions? Contact Customer Service at 800.531.7650 for answers to all of your Lot Loan questions, or stop our banking centers near Austin.

Click here to apply

Current Rates

Residential Lot Loans
Loan Type $50,000 - $250,000
APR as low as1
$15,000 - $49,999
APR as low as1
Up to a15 year amortization /
5 year balloon
5.88% 7.69%
5 Year 6.74% 7.71%

Rates reflect a .25% discount for automatic payments from a Broadway Bank account.
Military rate discount of .25% available2.
For Assumptions and Examples, click here

© Broadway Bank. Equal Housing Lender. Member FDIC
210.283.6500 • Outside San Antonio call toll-free 800.531.7650
1177 N. E. Loop 410, San Antonio, Texas 78209

Assumptions and examples:

1 The bank offers loans to purchase unimproved residential lots with up to 80% financing available to qualified borrowers. APR is the Annual Percentage Rate. Rates quoted assume excellent borrower credit history. We will set your APR based on your individual circumstances, including your credit history, loan amount, and our internal credit criteria.

A representative example of payment terms are as follows:
A loan of $50,000 with a 15 year amortization and a 5 yr balloon payment, a 80% loan to value (ltv) and an APR of 5.88% would have 59 monthly payments of $415.36 and a final payment of $38,242.19. A 5 year loan of $15,000 with a 80% loan to value (ltv) and an APR of 7.71% would have 60 monthly payments of $297.03. All loans and lines of credit are subject to credit approval, verification, and collateral evaluation. Rates and terms are subject to change without notice. Other terms available. Minimum loan amount is $15,000.

2 Military rate discounts are for military customers and are available on fixed rate consumer loan accounts. Not available on consumer lines of credit, HELOC, mortgage or construction loans or any business loans. A military customer is any Retired or Active Duty service member, Reserve/National Guard Member, Veteran, ROTC or Academy Cadet, or dependent (immediate family member), and Department of Defense Civilian and Contract Personnel.