Land Development Loans

For experienced developers, we can arrange acquisition and servicing loans to take raw land through the development agreement and subdivision process. Land bank loans are generally available up to 50% of cost, and servicing loans for both residential and commercial/industrial lots are funded on a cost-to-complete basis in the area of 60% – 85% of total cost, depending on the type and location of the lots, and the level of pre-sales relative to liquidation point.