Land Purchase Loan
Finance your land acquisition for future development.
Home/Real Estate
Secured
Key Details
Interest Rate
10%
Maximum Amount
XCD 100,000.00
Maximum Term
20 years
✓ Interest charged on reducing balance
Who It's For
- Members looking to purchase land for future home construction
- Investors seeking land for development
- Families planning long-term property investments
What You'll Need
General Requirements:
- Must be a member of MCCU
- Necessary shares as per policy
- Valid picture identification
- Good lending history with the credit union
- Income verification (salary slips or financial statements)
- Completed External Credit Reports (available in Forms & Reports section)
Quick Payment Estimator
Disclaimer: This is an estimate only. Actual payments may vary based on loan terms, additional fees, and MCCU's lending policy. Contact MCCU to confirm actual rates and terms.
Important Information:
- All rates, amounts, and terms are subject to change without notice.
- Loan approvals are based on MCCU's lending policy and creditworthiness assessment.
- Additional fees and charges may apply.
- Contact MCCU at 1-767-445-7155/7166 or info@marigotcreditunion.com to confirm current rates and terms.