Vacant Land Development Funding

Vacant Land Development Funding

We have funds available to purchase and/or Vacant Land Development Funding

1. Residential Subdivision

2.  Commercial Business

Vertical Construction funding is also available.

Loan Amounts: $100,000 – $7,000,000.

Loan to Value: Up to 50% of appraised value, not to exceed 70% loan to cost.

Documented Soft Cost – Permitting, Survey, Land-Clearing,   Can be Credited to Down Payment.

Seller May Hold 2nd Mtg.

NO PRE-PAYMENT FEES

NO UPFRONT LOAN FEES 

 

Rates and Fees*

• Rates: 7.50% to 10.50%
• Loan Fees: 2.50% to 4.50%
• Vacant Land Development Funding rates and fees are based on property, credit, and LTV.