Frost can help you realize your dreams of purchasing a residential lot and building your home. Frost Lot Loans feature:

  • competitive fixed interest rates
  • 0.25% rate discount with automatic payments from a Frost Checking or Savings account

​INTEREST RATE

AMOUNT / LOAN TO VALUE​ APR*
$5,000 - $300,000 / 75% ​6.146%
$300,001 - $500,000 / 70%​ ​5.99%
$500,001 and over / 60%​ ​5.99%
  
  • rates and terms vary on loans $150,000 and greater

Example: $75,000 for five years at 5.99% APR is $632.70 per month with a final payment of $57,639.92

LOAN AMOUNT

Borrow up to 75% of the sales price or appraised value (the lower of the two) on lots valued up to $300,000

ORIGINATION FEES

  • 1% Origination fee on lot loans less the $150,000
  • 1/2% Origination fee on lot loans $150,000 to $300,000
  • No Origination fee on lot loans over $300,000

​LOAN TERM

  • 5 years with a 15-year amortization

HOW TO APPLY

It's easy to apply for a Frost Lot Loan. It takes about 15 minutes and you'll receive an answer in approximately two to four hours during normal business hours.

To apply, call a Frost Banker at (866) 376-7889 or visit your local Frost financial center. Just bring:

  • your government issued photo ID such as a driver's license, state ID or U.S. Military ID
  • your Social Security number