We offer three main types of private money development loans.
▪︎LAND ACQUISITION▪︎ We provide loans on vacant land so you can close quickly on a great opportunity or hold the property while going through the entitlement and planning phase of your future project. Land loans are offered up to a 55% loan to value (LTV).
▪︎LAND DEVELOPMENT▪︎ We provide land development loans for the installation of the horizontal improvements, such as power, sewer, & water, along with other infrastructure improvements to transform raw land into an improved subdivision (commercial or residential) with pads ready for later vertical construction. Land development loans are offered up to 65% loan to value (LTV
▪︎BRIDGE FUNDING▪︎ We provide bridge loans for industrial, multifamily, office, retail, and self-storage properties that need funds for improvements due to age or tenant requests along with allowing the time to find tenants to increase the required occupancy rates before moving into traditional long-term financing. Bridge loans are offered up to 80% loan to value (LTV).
Land Development Loans from $350,000 - $50M Our private money loans come with Interest Only Payments, No Prepayment Penalties Funding in 2-4 weeks No Bank Covenants for Land Development Loans Interest Reserves Low Credit Ok We can hold interest reserves
Did you get the run around from another "lender" after paying large upfront fees? We can Help!
We'll give you straight answers fast No or fast CLOSE. We know development lending and the type of projects our investors want, and can give you same-day approvals on qualified projects.. We have several types of investors for various types of properties and situations. We have successfully funded multi-millions in Real Estate Land Development Projects.
LAND DEVELOPMENT LOANS TERMS PRIVATE MONEY / BRidge PROgram.
7.99-14.49%
Up To 70% LTV
$350,000 to $50 million
6 Months - 10 years Interest Only or Amortized over 25
1st Position Only
Funding in 7-15 business days!
New Appraisal Not required in some cases
Low Credit Ok. No Doc Loans Available
Rates and LTV depend on location and if property is vacant, development or can debt service the loan
All commercial properties accepted
Ground up Construction Lenders -Hotels/Motels Flagged -Medical Office -Gas Stations -Apartment Complex -Multi-Office -Residential Development -Commercial Mixed Used Development
Commercial Bridge Loans and Raw Land Loans. Asset Based Lender, Asset Based Loans for Commercial Business, Texas Land Loans
houston hard money lender in,houston private money commercial loans,houston raw land loans,houston bridge loans,bridge lenders in texas,houston bridge lenders,houston texas private money lenders,land loans in houston texas,land lenders in houston,houston texas real estate loans