Land Loans
Financing for acquiring land, with an eye toward how the parcel will eventually be used and financed.
Program parameters are confirmed for your scenario. Nothing here is an approval or commitment to lend.
Land is a different asset class from improved property. Utilities, access, zoning, entitlements, and intended use all affect what a lender will consider, and terms for raw land generally differ from those for land that is ready to build.
We look at the parcel in the context of your plan: hold and build, entitlement, or future resale. If the plan is construction, the land conversation should happen alongside the construction conversation so the two structures fit together.
Be prepared for a larger equity requirement than improved property typically requires — land is generally financed more conservatively.
Who may find it useful
- Buyers acquiring a lot to build on
- Owners holding land while pursuing entitlements
- Investors assembling parcels
- Builders securing a site before construction financing
Typical financing goals
- Acquire land without tying up all available cash
- Bridge the period between acquisition and construction
- Refinance existing land debt
Key considerations
- Zoning, access, utilities, and environmental factors affect eligibility
- Land generally requires more equity than improved property
- Some programs require a defined plan for development or resale
- Construction financing is typically a separate step and separate approval
Information to gather
- Parcel address, acreage, and current use
- Zoning designation and any entitlement status
- Utility and access information
- Your intended plan and timeline for the parcel
Frequently asked
More in Build & Renovate
Thinking about land loans?
Share the property and your goal. We will confirm what may be available and what the file would need.
Illustrative tools and scenario review only. Not a rate quote, pre-approval, or commitment to lend.