Land Loan Parameters
Acquisition and Refinancing of land. No subdivisions currently allowed.
Loan Size: $250,000 and up.
Term: Up to 36 months. Interest only
Loan to Value: Up to 70% of the market value
First lien position.
Non-recourse financing.
Required Documents
Executive Summary
Commerical Loan Application
3 years business tax returns
3 years personal tax returns on all principals
Signed Current YTD Operating Statement
Color photos of the property.
Explanation of any derogatoriness regarding Credit