Land Development Loan Program
For Purchase and Refinance
Likely terms:
- Nationwide
- $2 Million to $50+ Million
- Term: 12 to 24 months
- 7.99% to 12% tax deductible
- Interest only
- Origination: varies
- Prepayment penalties: flexible
- High leverage: finance purchase up to 80% LTC to 75% of ARV
- Refinance and cash-out 65 to 75% of appraised value
- No tax returns or income verification
- Nonrecourse
- 620+
- Must have experience with similar type projects on title in last 3 years
- Liquidity: must cover “cash to close” (combined for key principals) verified by bank, money market, mutual fund, cash value life insurance and/or stock brokerage statements
- Foreign nationals welcome for properties in USA
- Funding in 3 to 6 weeks
- No upfront fees. We are paid when your loan is funded at closing
To get started, please click blue Land Development Loans for FREE PRE APPROVAL Term Sheet within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your loan request. No credit cards, Social Security Numbers or credit checks required.
