Our specialized PEI Investment Fund is pleased to offer ''up to 100%LTC Financing'' for the financing of your Land Purchases, Land Improvements and Developments Projects.
LAND ACQUISITION & PROJECT FINANCING - 100% LTC (Loan To Costs) Funding Up to 80% of "Improved/Future Value"
For investor-borrowers with plans to purchase and improve and sell land or for develop projects, we offer the following two financing options.
** The primary requirement is that improvement or development of the land is intended to be improved within the next 5 years. **
If there are legitimate plans to improve or develop the land within 60 months from the funding date, 100% of the land acquisition can be funded based upon the following option criteria.
Loan Amounts starting at USD$1Million to No Upper Limit
Joint Venture Funding is available. Here are Debt Financing options.
Option #1. 100% Land Acquisition and Improvement Financing
- 100% Financing up to 80% of Future "Bulk Sale" Value
- Permits and Entitlements Not Required to Proceed With Loan Approval
- 30 year amortization on a 2, 5 or 10 year fixed rate
- Commercial Uses Only
- Standard carve-outs permitted
- No pre-payment penalties
- Rates Starting at 1 year LIBOR plus .1.50%
- Pre-sales or LOIs preferred, but not required
- No Payments during subdivision or infrastructure/improvement periods
- No Personal Recourse Required
- Typically 1% to 2% Loan Fee (from the gross loan amount at funding)
- Approval/Commitments usually within 10 business days after preliminary documents
- Funding usually within 20 business days total after documents
- Nationwide & International
Option #2. 100% Land Acquisition and Development Financing
- 100%LTC Financing up to 80% of Estimated "As Completed" Developed Project Value
- Low Interest Rates starting at 1 year LIBOR plus 1.50%
- Permits and Entitlements Not Required to Proceed With Loan Approval
- 30 year amortization on a 2, 5 or 10 year fixed rate
- Standard carve-outs permitted
- No pre-payment penalties
- Typically 1% - 2% Loan Fee (from gross loan amount at funding)
- No pre-sales or LOIs required
- No payments during development/construction period; payments ledger to loan balance
- Approval usually within 10 business days after preliminary documents
- Funding usually within 20 business days total after documents
- Nationwide & International
To proceed toward 100%LTC financing for your land acquisition and improvement or development project, call us 1(470) 729-0351 or email your loan request to us now at legacyventuresgroupfunds@gmail.com.