Land Loans for Experienced Developers

Is This Land Loan a Fit?

• $5M–$50M loan request
• Property located in the United States
• Entitled development project
• $1M+ developer liquidity per loan
• Track record supporting the project’s size and complexity
• Personal guarantee available
• Clear development plan and defined exit
• Organized development package and sources & uses

Experience Matters at This Scale.

This program is intended for developers whose track record supports the size and complexity of the proposed project. Expect to provide a developer bio, development history, completed-project links, and evidence of comparable execution.

The Property Must Be Entitled.

This program is for entitled U.S. development opportunities, not speculative raw-land or consumer vacant-lot financing. A water/sewer impact letter should generally be issued; exceptions require a clear explanation of utility status.

Money Already Spent Can Matter.

Documented prior development costs may be included in total project cost. Maximum financing remains 50% of total documented cost. For example only: $8M land cost plus $2M documented prior development costs creates $10M of total documented cost, and 50% LTC equals $5M.

The Exit Needs to Be Real.

A preferred exit includes a pre-sale or letter of intent supported by a hard buyer deposit. The review considers the buyer, LOI or pre-sale, deposit, timing, and credibility of the sale or takeout.

Bring the Sources & Uses.

Provide a detailed Excel sources-and-uses schedule showing land basis, prior development costs, equity, requested financing, and remaining project costs. Existing land debt may potentially be paid off, subject to underwriting and the complete structure.

What Can Prevent a Land Deal From Working?

• Request outside the $5M–$50M range
• Property outside the U.S.
• Project not entitled
• Developer liquidity below $1M
• Insufficient experience or unavailable personal guarantee
• Incomplete development package or unsupported costs
• Utility uncertainty
• Weak exit
• Economics inconsistent with 50% LTC