100%LTV LAND LOANS (BASED ON IMPROVED VALUE, FUTURE SALES or DEVELOPED VALUE)

[Richard Day]

Primary Requirement: Must have plans to improve the land, sell lots or develop.

Option #1. Land Acquisition and Improvement

• 100% Financing up to 80% of Future "Bulk Sale" Value 
• Low Interest Rates starting at 2, 5 or 10 year U.S. Treasury fixed rate plus 1.50%
• 30 Year Amortization  
• Permits and Entitlements Not Required to Proceed With Loan Approval
• 5 Year Loan Term with No Prepayment Penalty
• Commercial Uses Only
• Standard carve-outs permitted
• No pre-payment penalties
• 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)
• Approval/Commitments usually within 10 business days after preliminary documents
• Funding usually within 20 business days total
• No PrePayment Penalties
• Nationwide & International

Option #2. Acquisition and Development Projects

• 100%LTC Financing up to 80% of Estimated "As Completed" Developed Project Value 
• Low Interest Rates starting at 2, 5 or 10 year U.S. Treasury fixed rate plus 1.50%
• 30 Year Amortization
• Permits and Entitlements Not Required to Proceed With Loan Approval
• Payments Deferred up to 24 months
• 5 year Loan Term With No Prepayment Penalty
• Standard carve-outs permitted
• No pre-payment penalties
• Typically 1% - 2% Loan Fee (from gross loan amount)
• No pre-sales or LOIs required
• Must have feasible Exit Strategy 
• Approval usually within 10 business days after preliminary documents
• Funding usually within 20 business days total
• No Prepayment Penalties
• Nationwide & International

Clients typically pay off the land acquisitions loans via development financing or lot sales. 

Contact us today or complete the attached simplified Funding Request Form with the pertinent information if you wish to proceed toward 100%LTC financing (up to 80% of future/improved value or 80% of bulk sale value) for your land acquisitions and improvements or developments.

For Application or to submit your Executive Summary, please call 1(470) 729-0351 or email [e-mail].

[Tyson]

Hi Are the both two options just for commercial use only? not residential?

If I acquire lot and develop a couple residential houses, will it residential or commercial? does it qualify for the loan?

[Richard Day]

Hello. The purchase of land is a commercial transaction which qualifies for the land acquisition financing.

The loans are based primarily on development as exit strategy or lot sales.

It does not matter what is built on the land.

What matters is that the land loan can be paid off by the sales of the properties built.

"We thank you for your business and look forward to serving you."  
Richard Day
Legacy Ventures Group

Investment Funds Representative/

Loan Originator

1(470) 729-0351
1(775) 546-9013 mobile fax

[0eqbel3yrnuzp]

Dear Richard,

I sent you a couple of emails but have not, thus far, heard back from you.

Please advise to our email: [e-mail]

Thank you,

Peter Kaltenrieder