Land produces no income, so there is no debt-service coverage to compute and nothing to fall back on but the dirt and the borrower. That is why land lending asks for more equity than any other asset class and why the questions are about entitlement and exit rather than cash flow.
What the file turns on
Entitlement and plat status, utilities at or near the boundary, access and frontage, the survey and any easements, and a specific, dated exit — a build, a sale, or a take-out loan.
Where deals fail
A tract priced on its entitled value while still unentitled, no water or sewer within reach, and an exit described as “we will sell it” with no buyer and no timeline.
Ranch and agricultural land
Texas ranch files add their own questions: water rights, grazing leases, minerals, and whether an agricultural valuation survives the change of use.
Our minimum loan is $200,000. We are a direct commercial lender working across the 43 states we serve, in business since 1998. We do not publish a rate for this product because the number depends on the file — call and we will quote the deal in front of us.
Construction financing · Hard money loans · Bridge loans · All loan types · All property types