Have you found your perfect piece of land but aren’t quite ready to build? ENB offers Lot Loans for improved lots with as little as 20% down and unimproved lots with as little as 35% down.
- Up to 30-year amortizations with a balloon payment at the end of either 5 or 15 years
- 15-year fixed rate option available
- Loans up to $600,000
An improved lot is generally defined as land that has access to public utilities or private water and sewer already exists on the lot.