A 7 day land loan closing is not a promise a lender makes alone. It is a promise the lender, the title company, and you make together. When a closing slips, it is almost always because something on this list was missing on day one.
Use this checklist next to our day by day closing timeline.
What do you need to close a land loan in 7 days?
A signed contract, the parcel details, a borrowing entity with its documents, a title company, clean title, and your down payment ready to wire.
Get these ready before you ask for a quote, and the lender side is rarely what holds you up. Each item is below, in the order you will need it.
Need to close fast?
$30K to $1M, 20% down, no appraisal, no points at closing, close in about 7 days. Written quote in 24 hours.
Get a Free QuoteApply NowWhat do you send on day zero, for the quote?
The signed purchase contract, the parcel number and county, the location, the price, and your plan.
- ☐ Signed purchase contract. We need one to quote any purchase. Check the closing date in it.
- ☐ Parcel number (APN) and county. Plus map coordinates or a map link.
- ☐ Acreage and price. The land must be at least 2 acres.
- ☐ Your plan. Resell for cash, owner finance, split, or hold.
- ☐ Your comps, if you have them. They speed up our value review. See how we value land without an appraisal.
What entity documents do you need?
An LLC or corporation ready to borrow, with its formation papers and operating agreement.
- ☐ The borrowing entity. We lend to LLCs and corporations only. If the contract is in your personal name, ask the seller to let you assign it to your LLC now, not on day six.
- ☐ Formation documents and operating agreement. So the title company knows who can sign.
- ☐ Personal guarantee. Our land loans are personally guaranteed, so plan for the owner to sign.
- ☐ Completed application. About 5 minutes on our loan application.
What title items should you clear early?
Old liens, missing heirs, legal description problems, and access. Title is what delays most land closings.
- ☐ Pick the title company or closing attorney on day one. In some states, like South Carolina, a closing attorney handles it.
- ☐ Ask the seller about liens and back taxes. Payoff letters take time, so request them early.
- ☐ Check who owns it. An estate or a missing heir can add weeks.
- ☐ Match the legal description to the parcel. A mismatch stops the closing.
- ☐ Confirm legal access. A recorded road or easement, not just a path.
Takeaway: most "slow lenders" are really slow title. Order it the day you accept terms.
What do you need for closing day?
Your down payment and closing costs by wire, and whoever signs for the entity available to sign.
- ☐ Down payment and costs ready to wire. At least 20% down on a purchase, plus our $600 closing fee and the title company's costs.
- ☐ Signer available. In person, by mail, or with a mobile notary.
- ☐ Wire instructions confirmed by phone. Call the title company at a number you already know before you wire.
Run the full cost first on the land loan calculator.
Frequently Asked Questions
What documents do I need for a vacant land loan?
A signed purchase contract, the parcel number and county, your LLC or corporation documents, a completed application, and a personal guarantee from the owner.
Can a land loan really close in 7 days?
Yes, with a clean file: a signed contract, clear title, legal access, and an entity ready to borrow. Title problems are the most common delay.
Can I buy land in my own name with a Damen Capital loan?
No. Damen Capital lends to LLCs and corporations only, for business purposes. Assign the contract to your entity before closing.
What slows down a land loan closing?
Title problems like old liens or missing heirs, access questions, and missing entity documents or payoff letters.