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Lot Loans from American Bank & Trust offer the flexibility of purchasing land now even if building is not in your short-term plan. The Lot Loan will help you secure the location of your dreams to reach future goals, whether that is building your dream home or growing a business.

Lot Loans are used when buying a property that is not built upon and there is not an immediate plan to build. This gives you the flexibility to purchase the correct lot before having plans and a cost breakdown on your future projects. Lot Loans also allow you to buy and hold to start gaining equity right away by using a loan structure that pays down from the first payment.

Lot Loan Program Outline

    • Free Internal Evaluations in Lieu of Appraisals For All Loans Under $400,000” bullet point
    • Can Borrow Up To 80% Of Lot Value

Already know the type of home loan you are looking for?

Sign in to AB&T Online to see your existing home loan information.

Download Our New AB&T Mortgage App!

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Are you ready to revolutionize your mortgage experience?
Unlock your gateway to homeownership with our mortgage app at your fingertips.

  • Streamlined Application with a user-friendly, paperless application process.
  • Real-Time Updates through instant notifications on your application milestones.
  • Secure Document Uploading means no more lost paperwork or hassles!
  • Streamlined Application with a user-friendly, paperless application process.
  • Real-Time Updates through instant notifications on your application milestones.
  • Secure Document Uploading means no more lost paperwork or hassles!

Take control of your homeownership journey by downloading our
new American Bank & Trust Mortgage App.

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Find Your Perfect Mortgage Loan Officer

Mortgage Team – Feb 2023

A great home buying experience starts with great home buying partners. Meet your American Bank & Trust mortgage team and discover an outstanding group that truly lives at the intersection of what if and why not?  With AB&T home loan experts, you’ve got neighbors you can always count on.

Full AB&T Mural

Looking for more information about Home Loans? Visit the South Dakota Housing Development Authority.

We do not offer every plan available in your area. Currently we represent 7 organizations which offer 28 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.

Not FDIC Insured | Not Bank Guaranteed | May Lose Value | Not Insured by any Federal Government Agency | Not a Bank Deposit

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