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Land Acquisition & Development
Benchmark Commercial Lending can help you with your next land acquisition and development loan. We have programs for land acquisition, and the combination of acquisition and development. Understanding of your investment goals will allow us to offer you the most flexible terms to meet the needs of this project.
Features
- Flexible underwriting guidelines
- Financing up to 100% of cost, 80% of appraised value
- Interest reserves often built into financing
- Streamlined underwriting
- Fast Closings available within 30 to 45 days.
Underwriting Guidelines
- Loan amount from $500,000 to $50 million
- Debt repayment analyzed on a per project basis.
- Short term and bridge loan options available.
We encourage you to give us a call to discuss your current needs. Our experience enables us to meet your needs and provide you with the most competitive rates and terms available in the marketplace.
Check out our products to find an option that fits your needs!