Loan To Service The Land:
A land development mortgage can be used to service your land and prepare it for sale or construction. These loans will provide the funding you need to start the work. You can use these loans to service the land such as installing utilities and infrastructure like paved roads and curbs to attract potential buyers. As it is mentioned, depending on the land status, these types of financing can be done through both equity financing and debt financing by private lenders
We help investors navigate the land development process and secure the right financing for these large-scale projects. The success of an investment depends on proper financial planning. We are well-versed in every aspect of the mortgage requirements and ensure the process is smooth and convenient. Besides, we are enjoying the consultancy of a group of land development expert who can also help you with the whole due diligence of the land acquisition process. We know what is needed to qualify for a land development loan and will guide you through the process.
Land Acquisition Loans:
When it comes to land financing, the land has to be potentially developable land, under developed land or the land that has already been developed and ready to go to the construction stage. The lenders and financing products might vary depending on the stage the land is in. In some cases, you have to go with private lenders or even look into equity financing (invetores) rather than debt financing. We can help with both. To secure a land development loan, you need to convince the lender that the property has the potential for development and proposed site plan approval.