Loan Parameters for Land Financing
Term: 1-3 Years
Lending Area: Nationwide, prefer metro or coastal communities
Zoning Type: All considered
Entitled land prefered: Will consider raw on case by case
Loan Size: $500,000 to $100,000,000+ 1st Trust Deeds
Interest Rates: 10% - 14% (rates vary depending location)
Amortization: Interest Only
Loan to Value: Up to 50%
Origination Fee: 4% - 8% taken at closing from loan proceeds
No up-front fees: Unless an appraisal or property visit is needed
Closing Terms: Closings in as quick as 5 business days
Better Loans & Realty Corp.
Better Loans & Realty Corp.
Better Loans & Realty Corp., Ca Dept. of Real Estate: License #01774648
