LOT/LAND CONSTRUCTION LOANS

This program is designed for borrowers in need of financing to purchase a residential lot. Residential lots must be eligible for the present or future new construction of a residential property. Construction financing is also available.

Loan Highlights:

Loan amounts from $35,000 to $1,500,000
Loan amounts up to 75% of the purchase price in improved subdivisions, where construction will begin soon after the acquisition, otherwise up to 65% loan to value.
Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts Term up to 18 months available.
Terms greater than 18 months will be considered with a lower loan to value Foreign Nationals eligible
Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days
No minimum acreage requirements or maximum limitations
Available to Borrowers with excellent to less-than-perfect credit (subject to underwriting)
Residentially zoned land Limited income documentation available at 40% loan to value or less

This site uses cookies to process your loan application and other features. You may elect not to accept cookies which will keep you from submitting a loan application. By your clicked consent/acceptance you acknowledge and allow the use of cookies. By clicking I Accept you acknowledge you have read and understand Doorway Home Loans's Privacy Policy.

LOT/LAND CONSTRUCTION LOANS

About Us

Contact Us

Resources

Disclaimers