Land Finance Specialists, LLC specializes in NON-RECOURSE acquisition/ bridge loans, $3,000,000 to $30,000,000, for land developments nationwide.

Developers are particularly attracted to our credit facility, despite our higher rates, because we can finance the entire equity in certain cases. Furthermore, our funds are private, not institutional; hence flexibility and speed (we can close in 2 weeks) are our hallmarks. We never charge upfront fees!

Please call or email us with any project, even if just to "pick our brains"!

FASTEST PRIVATE CAPITAL
Loan Amount:	$3,000,000 - $30,000,000
Geographical Limitations:	Anywhere in U.S.A.
Land Uses:	Residential & Commercial Developments (The land can be raw, but must be in the path of growth)
Use of Loan Proceeds:	Acquisition, Refinance, Horizontal Development Return of equity (in limited cases). No vertical construction
Term:	1 to 3 Years (Typically 1Year with extension options)
Rate:	12.00% to 14.00%
Total Origination Fees:	3.0% - 4.0% of the Loan (Possible to reduce the origination fees by adding exit fees)
Loan to Value:	60% and More - 60% for raw land, say 10 years out in the path of development, but more for very strong transaction with low risk - must inquire
Loan to Cost:	Up to 90% of the Cost (In limited cases, with low LTV, a higher LTC may be considered, but this will likely result in an increase in rate and fees.)
Appraisal:	NOT REQUIRED
Recourse:	NON RECOURSE, WITH STANDARD CARVE OUTS
Closing Time:	CAN CLOSE WITHIN 10 - 14 DAYS.
Lockout:	Typically no lockout, may require a minimum of 6 months of interest.
Amortization:	Interest Only
Special Conditions:	We will consider funding interest reserves; multiple disbursements, partial deed releases, but this may require additional exit fees.
Brokers Fees:	A referring broker can collect up to 1% of the loan amount with a signed valid contract with the client.

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