Construction
and
Land Loans

This section of the web site covers the special requirements of construction and land loans. Construction loans are unique in that you value the project "as if" it was already in existence, making the loan process quite interesting when you consider you're lending money on what amounts to a picture!  This presents the active commercial real estate investor with special opportunities to own properties which could not be financed in their present condition.

Land loans are usually more conservative than other types of loans because the property is not yet at its highest and best use.  Lenders like properties that have established income streams to service their loan payments in the event the borrower has a problem.  Since land doesn't offer an income stream, lenders usually like to make sure that the investor/owner has a significant equity investment in the property (although this sentiment has changed when applied to finishd single family lots for development by the owner-occupant).

For more informationon these types of loans, please click on the following links:

• Get a Construction or Land Loan Quote
• Commercial Construction Loans
• Land Loans