Land Loans

Have you found the perfect spot to build a home, but don't yet have plans for your house drawn up? Take your time! We have land loans available that allow you to purchase property without the pressure of having to complete your home right away (and a perfect complement with our Construction/Permanent Mortgage). Or, if you own land already, you can use the equity in it to pay for other expenses.

How does a Redstone Land Loan work?

  • Finance up to 90% of the lesser of purchase price or appraised value
  • Maximum loan amount of $150,000
  • Various terms available

Why should I choose Redstone for my Land Loan?

  • Discounted origination fees for Construction/Permanent financing closed within two years of Land Loan (must be on same property) purchase
  • No annual maintenance fees
  • Competitive rates

Easily apply online, over the phone, or in person by scheduling an appointment at 256-882-8500.


Mortgages are only available for properties located in Alabama and Tennessee.

Must be an RFCU member to obtain a loan. Must be eligible for membership and open a share savings account.  A minimum balance of $5.00 is required to open and be maintained in share savings account at all times.  Fees and other restrictions may apply.   All loans subject to credit approval.  Rates, terms, and conditions are subject to change without notice.  Other restrictions may apply.  RFCU is an Equal Credit Opportunity Lender.  Rates are determined by an evaluation of applicant credit at account opening.  Your rate may be different. Fixed rates remain fixed for the life of the loan and adjustable rates are subject to change after consummation. Various Mortgage programs and terms are available. Must create separate user name and password to gain access to mortgage application process.

Have Questions about Mortgages?

View the Mortgage Center, contact us online, or call us at:

256-882-8500 (Huntsville area)
800-234-1234 x8500 (toll free)
Monday - Friday: 9 a.m. – 5 p.m.

Apply for a Mortgage Today

It's easy to apply online!


Or meet the members of our dedicated team of Mortgage Loan Originators.

Meet Our Team

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Mortgage Calculator

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