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