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Land
Financing Programs
(including land loans, land development loan)
Grace Capital offers land loans and financing programs for residential
or commercial developments.
Land loan
sizes can range from $2,000,000 to $50,000,000 on properties nationwide,
and at almost any stage of the entitlement process, including raw
land
without any entitlements or fully entitled land for:
Acquisitions
Acquisition & Development
Development, only (land development loan)
Lot Sales Programs
Refinance, no cash out
Refinance, WITH cash out
Purchase, WITH cash out
High Leverage Financing
Participating Debt
Hard Money/Fast Funded Loans
Joint Ventures
Development Agreements
Non-recourse Loans
Interest
rate and terms vary widely for land loans and can only be
quoted after a complete understanding
of the project. It is therefore imperative that you discuss the financing
opportunity with one of our Account
Executives.
Below
you will find some information on land loans that we trust will
encourage you to call.

Land
Loans Programs
Prime
+ 2% Bank Financing Program |
- 45% of "As
Is" Value
- Adjustable
Interest Rate
- 2 year Term
- 2% - 4% Loan
Fee
- Southern
California, only
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Fixed
Rate Bank Financing Program |
- 65% of "Finished"
Value
- Low Interest
Rate
- 3 year Term,
maximum
- 3% - 4% Loan
Fee
- 25% Cash
Equity Required
- Must have
Exit Strategy in place
- Nationwide
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Long
Term Pension Fund Financing Program |
- 3 Year Loan
Term or Longer
- Un-entitled
Land
- Loan Based
on "Finished" Value
- Can Be Lender,
JV Partner or Buyer
- Nationwide
|
Life
Insurance Company Financing Program |
- 75% of "As
Is" Value
- 65% of Future
"Bulk Sale" Value
- 1 - 3 Year
Loan Terms
- Commercial
Uses Only
- Rates Starting
at 9%
- Recourse
Required
- Nationwide
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Bank
A&D Loan Program |
- Lesser of
75% of Costs or 70% of "Bulk Sale" Value
- Lot Development
Financing Available
- Model Home
Construction Financing to 75% LTV
- Developed
Lot Inventory Loans up to 75% of Sale Price
- Nationwide
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Private
Lender Land Loan Program |
- 50% of "As
Is" Value
- Non-Recourse
Available
- Cash Out
Possible
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Rate
and terms are subject to change without notice.
Grace
Capital Group, Inc., as an advisor, provides services for land loans,
hard money loans,
apartment loans, industrial loans, real estate equity, office loans,
shopping center loans, mobile home park loans, credit tenant loans,
income producing properties, mortgage purchases and sales.
With
more than 75 years and $5 billion in combined real estate financing experience,
the partners at Grace Capital Group specialize in Land Financing, the
very best Permanent Loans, Private Money Loans and Structured Financings.
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