Land Development Loans
Horizontal Lot Development
Must have Vertical Construction Component
Multifamily, Mixed-Use, Student Housing, Residential, Subdivisions, Townhomes, Condos, Office, Retail, Industrial, Hotels, Self-Storage and more…
- Nationwide
- No tax returns or income verification
- Loan amounts: $3 Million to $75+ Million
- Term: 12 to 36 months
- Rate: 6.99% to 7.99%+ (Interest only on funds drawn)
- Origination: varies
- Finance up to 90% LTC (hard + soft costs) to 75% ARV (may include most loan costs)
- Dollars borrower has invested into project reduce cash to close
- No monthly payments (interest reserve built into loan)
- Limited recourse available with standard carve-outs and completion guarantees
- Funding in 4 to 8 weeks
- 620+ credit score
- Borrower must have experience on title building/rehabbing similar project(s) in last 3 years (may use approved general contractor)
- Borrower liquidity: 5% of loan amount plus cash to close
- Foreign nationals welcome for projects in USA
- No upfront fees.
To get started, please click the blue Land Development Loan Link for your PRE APPROVAL Term Sheet within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your online loan request. No credit cards, Social Security Numbers or credit checks are required for PRE-APPROVAL.
