Land Loan Program
This program is the perfect vehicle engineered to help take you from point A to point B. Whether you’re looking to acquire a piece of land or undergo a future development process; we have developed a suitable and robust product that meets both your wants and desires.
Time is everything – Let us help you finance the early stages of your project to reach the finish line. We place a strong emphasis on being nimble and executing without all the speedbumps. Our goal is to help you see your venture all the way through to reach its fullest potential.
- Amount: $750,000 to $2,000,000 (may consider > $2MM on a case by case basis)
- Property Types: Vacant land
- Lending Area: California
- Term: Up to 24 months
- Interest Rate: Minimum 3.99% over WSJ Prime
- Maximum LTV: Up to 55% LTV
- Repayment: Interest Only (IO)
- Lien Position: 1st Lien
- Lender Loan Fee:Varies
- DSCR: Interest Reserve Available
- Funding may include: Purchase Cost, Refinance Cost, Interest Reserve, Land Development Cost