Enter your deal. You get the loan amount, our standard terms, and your cash to close on the spot. Like the numbers? Apply right from the quote.
| Program | How much we lend | Term | Rate |
|---|---|---|---|
| Bridge land loan | 50% of conservative as-is value as the standard, up to 65% when the value and resale speed support it. Never more than 80% of the purchase price. | 24 months | 14% at $100K+, 16% under |
| Cash out refinance | 50% of the lower of what you paid or the as-is value. | 24 months | 14% at $100K+, 16% under |
| Refinance (no cash out) | Pays off your current loan, balloon included, up to 65% of as-is value. If you owe more, you bring the difference to closing. | 24 months | 14% at $100K+, 16% under |
| Subdivide land loan | Up to 80% of the after-subdivide value (never more than the purchase price) if the plat records at closing and perc tests show conventional septic for every lot. Otherwise 65% of as-is value at closing plus 15% released when the plat records, if the value is there. Partial releases as lots sell. | 24 months | 14% at $100K+, 16% under |
| Outdoor storage | 50% of what you paid. 65% with 12 months of bank deposits showing income. | 12 months | 14% at $100K+, 16% under |
Every program: 2% exit fee, $25 per month servicing, 5 months minimum interest, $600 doc fee. Loans of $30K to $1M. Not in CA, AZ, NV, NY, NJ, ND, SD, or VT.
No. It is a first pass from the numbers you enter. The final loan amount comes after our own valuation and a title review. If the numbers work for you, apply from the quote page. We review every application ourselves and reply within one business day.
What the land would sell for in about 90 days, not the asking price and not what it might be worth after you improve it. We lend 50% of that number as the standard, up to 65% when the value and resale speed support it, and never more than 80% of what you are paying, so an inflated value does not get you a bigger loan. It just delays the real quote.
Because most land deals that fall apart fall apart on the down payment. Cash to close is the price minus the loan, plus the doc fee, plus title and recording costs. If you are short, the tool tells you now instead of at the closing table.
2 acres on every loan. Subdivide deals under 10 acres also need a perc test approving a conventional septic system.
California, Arizona, Nevada, New York, New Jersey, North Dakota, South Dakota, and Vermont. Every other state is open.
Call or text and we will run the numbers with you.
Text or Call 302-526-0200