Land Loans

Buy your land and build when you’re ready.

Find your property. Finance it here.

We can help you finance and service your loan right here in Saco, with no time limit for development. Expect a process similar to a mortgage, with competitive rates and flexible terms.

  • No time limit for development
  • 30% down payment lowers your principal
  • Fixed and Adjustable-Rate loan options
  • Local decisions and servicing
  • Satisfaction guaranteed (or we’ll reimburse your closing costs)

All loans are subject to credit approval. The bank reserves the right to perform its due diligence assessment of the loan application and may modify the amount, or refrain from providing any financing, according to the results of its analysis. Generally, Saco & Biddeford Savings Institution provides lending services for properties located within our designated lending area. Please call one of our loan representatives for more information.


Meet the SBSI residential lending team

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