First Community Bank provides land acquisition financing to assist with the acquisition of individual building lots, as well larger tracts of land targeted for future development. Land Loans are generally priced on a floating rate basis, with maturities fit to your specific needs, up to three years maximum. Land Loans will be considered at loan-to-value ratios of up to 65%, or 75% if the loan is secured by a building lot with streets and utilities already in place.
