I currently have my home mortgage paid off,  There is an opportunity to purchase the two adjacent lots in my subdivision.  What is my best options, with the lowest interest rate, for financing the purchase?  I would plan to finance the loan for five years.


Hello and thank you for your inquiry. We will forward your inquiry to our mortgage team so they can review and respond to you. Thank you. 

Hi @Rockzee, USAA does not currently offer a loan for a land purchase. You could do a cash out refinance on your existing home and use the funds to purchase the land. The shortest term we would offer is 10 years. We do offer unsecured personal loans up to $50K that might be an option for you. I would suggest calling and speaking to one of our licensed loan officers at 800-531-0341. Thank you!