Land Loans

Create your perfect getaway

Build your dream home, buy a lot adjacent to your residence, or purchase a recreational property

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rock formation

Is a land loan right for you?

If you’re planning to build a new primary residence, you can use a land loan to purchase a residential lot in Alaska, Arizona, California, or Washington. This loan can be used to finance lots in residential areas that are served by publicly maintained or community roads. You also have the option to buy a lot that’s adjacent to your current residence.

If you want to get away from it all, you can also use a land loan to buy recreational property in any of the areas we serve.

How it works


Create an account and complete your application

Enter your information to get the process started.

Get Started


Get approved

We’ll review your application and give you an answer in about a week.

Get your funds

If you’re approved, you’ll have access to the money in about 30 business days.

Property Loan FAQs

You can use this loan to buy a residential lot where you intend to build your future residence or one that’s adjacent to your current residence. Your lot must meet the following requirements:

  • Located in Alaska, Arizona, California, or Washington on a publicly maintained or community road in a predominantly residential area
  • Ten acres or less in size
  • Includes access to water, sewer, and electric services

To qualify for this loan, your recreational property must be accessible in one of the following ways:

  • By road from a major population center
  • By water from a public launch site using small watercraft on a navigable waterway

Fly-in locations and properties that are located a long distance from the launch site or across unprotected water cannot be purchased with this loan.

In many cases, we can give you an answer in about a week. However, if we have to ask for additional paperwork to support your application, then your decision could take a little longer.

Depending on your loan, fees might include a loan processing fee, appraisal fee, or escrow closing fee. You may also need to purchase a title insurance policy, plat map, or as-built survey.

Hazard insurance and flood insurance may also be required if you are financing a structure in addition to land.

Your credit score affects the interest rate you qualify for when you apply for a loan or line of credit. With a higher credit score, you can usually qualify for a lower interest rate, which lowers your monthly payment and reduces the overall cost of borrowing.

If you’re not sure what your credit score is, you can request a free copy of your credit score every 12 months from If your credit score isn’t as high as you’d like it to be, here are some tips for improving your credit.

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Contact us

Get in touch with a real estate expert at Alaska USA to discuss a home equity loan, home equity line of credit (HELOC), or land loan.

Get in touch

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1 Loan decision may take longer if additional documentation is required to prove creditworthiness.

2 Deposits may take longer if we cannot verify your account information.