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Property Type: Vacant Land
Please review current programs availability for financing vacant or raw parcels of land. If
you cannot find matching criteria, we also secure unconventional
financing for unusual scenarios.
Contact local representative to schedule free commercial mortgage evaluation.
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Commercial Mortgage Loans for Vacant Land |
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| Program ID | Purchase LTV |
Refinance LTV |
Min Credit | DSC | Term | Note |
|---|---|---|---|---|---|---|
| LDBL | 50 | 50 | 560 | n/a | 30 yr full amortization, no balloon | max loan amt: $350,000, cash out - ok, commercial, rural, agricultural, no maximum acreage limitation |
| LDSP | 70 | 65 | no minimum credit score | n/a | 5 yr balloon, 10 yr amortization | vacant or raw land only, no development allowed or expected in a near future |
| LDFC | 85 | 80 | 625 | n/a | 5-10 yr balloon, 20 yr amortization | agricultural, farm, rural land only no maximum acreage limitation, no prepayment penalty |
| LDYL | 60 | 60 | no minimum score | n/a | varies, hard money terms | no appraisal, lender valuation, no seasoning on the value |
| LDPG | 50 | 50 | no minimum score | n/a | 5 yr balloon, 30 yr amortization | commercial land only, raw - no, no prepayment penalty |
Terms and programs availability are subject to change without notice due to the market conditions.
Confused? Visit our commercial lending terminology page.
Questions? Call (407) 574-2272 or E-mail Us
