GTE Financial offers a great product for home sites in Florida at or under 10 acres.
Vacant Land Loans are Adjustable Rate Mortgages for the purchase of vacant land up to 10 acres, to be used to build a single-family home as primary residence. With this ARM product, your Annual Percentage Rate will stay the same for the first 5 years of the loan versus changing every year. After 5 years, the rate can adjust every 6 months, depending on the market. The term of the loan is 15 years and the maximum loan to value ratio (LTV) is 70%; the purchaser would need to make at least a 30% down payment.