The Frankenmuth Credit Union is a mortgage from Frankenmuth Credit Union. The ongoing APR is as low as 7.000% (10-, 15- and 20-year fixed; based on $150k loan amount). Loan terms: 10, 15 or 20 year fixed. Whether you are looking to purchase some vacant land to build your dream home, build a cabin or just for hunting – we do have vacant land loan solutions for you. Our mortgage department will assist you and point you in the right direction. Apply today! Whatever the reason you are looking to purchase vacant land for, Frankenmuth Credit Union can help. Whether it be for personal use or business reasons, we have options at good rates and flexible repayment terms.