Land loans are unimproved real property that  has no added improvements like sewers, utilities, streets or structures regardless if it is 1 acre or 2000.  Raw land is typically  valued at a 120 day "market" price to determine the value of the property.    We use the purchase price or market value, whichever is less.  Rate and term depend on exact location of the property, strength of borrowers - financial and experience level, current zoning, and exit strategy.  Typical terms are ranging between 12-15% Interest only, cost 4-10%. - No Rural proat this time.

We prefer to deal with experienced investors/developers that can show that they have real money/equity in the deal.  Our builders capital program is suited for those who have at least 20% of the total project cost already paid in the form of cash, partnerships with the land owner, Our purchase program is good for those looking to close quickly without the bank red tape.

Before submitting a deal, please have at least an executive summary including exit strategy, as-is and future value, site plan, color photos, and approximate cost of your project.  

Our joint venture programs is for investors/developers who desire "help" in the acquisitions of a particular project.  JV projects are considered on a case-by-case basis.

Please contact us if you have a question regarding our guidelines.

We also have programs available for the following property types: 

Acquisition and Development land loans

Purchase money private loans

Commercial building lots

Income Producing Commercial 

High Rise Apartments 

Office Complexes 

Office buildings  

Golf Courses                                                                  

Hotel - Motel

RV Parks

Mixed Use