Land Loans Texas — No Tax Returns Required
Raw land, lots, and commercial land in Texas. No income verification on most programs. Bad credit OK. Hard money land loans close in 7–14 days. Direct lender since 1998.
Hard Money Land Loans — Texas Direct Lender
Most banks won’t touch raw land. Lenders that do often require 2 years of tax returns, 20–40% down, and months of underwriting. We’re different. As a direct hard money lender, we fund land loans based on the land’s value and your equity — not your income, not your credit score, not your tax returns.
If you own land in Texas with equity, we can likely fund it. If you’re buying land, we can fund deals banks won’t touch and close faster than any conventional lender.
Land Loan Programs
Hard Money Raw Land
No credit check, no income docs. Pure asset-based approval on the land value. Ideal for raw land, acreage, rural tracts, and lots banks refuse. Bridge terms 12–36 months.
Stated Income Lot Loan
State your income — no tax returns required. We verify the land and your equity. Up to 30-year fixed available on improved lots with utilities. Self-employed and investor borrowers welcome.
Commercial Land Acquisition
Purchasing commercial land for development, storage, or investment? We fund land acquisitions with no income verification on stated income programs. Fast closing for time-sensitive deals.
Loan Terms
| Feature | Details |
|---|---|
| Loan Amounts | $100,000 – $3,000,000+ |
| LTV | Up to 65% on raw land, 70% on improved lots |
| Terms | Bridge: 12–36 months | Permanent: up to 30 years on improved lots |
| Credit | All credit considered — no minimum on asset-based programs |
| Income Docs | Not required on hard money and stated income programs |
| Land Types | Raw land, rural tracts, subdivided lots, commercial pads, industrial land |
| Close Time | 7–14 days on hard money | 14–30 days on stated income |
| Down Payment | 30–35% on raw land purchases | less with cross-collateral |
Types of Land We Finance
- Raw land and acreage — no utilities required on hard money programs
- Residential lots in subdivisions — improved or unimproved
- Commercial pads and development sites
- Industrial and warehouse land
- Agricultural and ranch land with development potential
- Land with partial improvements (road, utilities, clearing)
- Land with existing lien — cash-out or refinance
- Land purchased at auction or from estate sales
Who We Lend To
- Self-employed borrowers with too many write-offs for bank approval
- Investors with bad credit, foreclosure, or bankruptcy history
- LLC, LP, and corporate borrowers (entity lending welcome)
- Foreign nationals without U.S. credit history
- Developers needing fast land acquisition financing
- Landowners needing to pull equity out of appreciated land
- Borrowers refinancing a maturing hard money or balloon land loan
Why Banks Reject Land Loans — and Why We Don’t
Banks treat raw land as the highest-risk collateral category. Most won’t lend at all, and those that do require:
- Full income documentation and W-2s or 2 years of tax returns
- Minimum FICO score of 680–720
- 30–40% down payment on purchases
- Months of underwriting and slow appraisal process
- Land must have paved road access, utilities, and approved septic
We fund based on the land value and your equity — not the paperwork. If the numbers make sense, we can fund it. Simpler, faster, and more flexible than any bank.
Frequently Asked Questions
Can I get a land loan with bad credit in Texas?
Yes. Our hard money land loans have no minimum credit score. We approve based on the land’s value, your equity, and the overall deal structure. Recent foreclosure, short sale, or bankruptcy are all considered on a case-by-case basis. The primary question is: how much equity is in the land?
Can I get a land loan without tax returns?
Yes — on our hard money and stated income programs. Hard money land loans require no income documentation at all. Stated income programs ask you to state your income, but we don’t verify it with tax returns. Some conventional programs do require docs, but we’ll tell you exactly which program fits your situation on the first call.
How much can I borrow against land I already own?
We typically lend up to 65% of the current appraised value on raw land (70% on improved lots). If your land is worth $500,000 and you own it free and clear, you could potentially cash out up to $325,000. Use our free quote form to get a same-day estimate.
How fast can you close a land loan in Texas?
Hard money land loans typically close in 7–14 business days. We order a drive-by BPO (broker price opinion) rather than a full appraisal on most deals, which cuts weeks off the timeline. Stated income programs take 14–30 days. Call us with the parcel number and we’ll give you a realistic timeline on the first call.
What land won’t you lend on?
We generally won’t fund land valued under $100,000, land with major environmental issues, or land with no realistic path to permitting or development. We also can’t fund land where the title is clouded or disputed. Outside of those issues, we consider most Texas land deals — including rural raw land that banks flat-out refuse.
Can I use a Texas land loan to buy land at auction?
Yes — our hard money programs are built for fast closings, including auction purchases. We can typically issue a proof of funds letter and LOI same-day so you can bid with confidence. Call us before the auction to confirm terms for the specific parcel.
Get a Land Loan Quote — Same Day
No tax returns. No minimum credit. All land types considered. Direct lender since 1998.
Apply in 3 Minutes
Call 877-895-3634
Daniel Peterson | Commercial Loans of Texas | Direct Lender since 1998