Land Development & Horizontal Construction Loans | Long Beach, California
Veristone's Land Development & Horizontal Construction Loans ensure you have fast, efficient financing and a tailored plan that's as unique as your property.
Land development is a crucial first step for many exciting real estate projects. But, it's far from the end of the journey. Veristone can expertly walk you through the whole process, all the way from ground acquisition to building completion.
About Our Long Beach Land Development & Horizontal Construction Loan
- No pre-payment penalties.
- Partially complete projects welcome.
- Cross collateralization available.
Median Home Price
$614,400
Population
462,628
Land Development & Horizontal Construction Loans Volume
$318,935,743
Land Development & Horizontal Construction Loans in Long Beach
Long Beach's growth, with 462,628 residents and a median home value of $614,400, reflects an ongoing need for developed land that can accommodate new housing and commercial use. Veristone's Land Development Loan bridges the gap between raw acreage and a construction-ready site, providing flexible short-term financing for acquisition, entitlement, and site work. If you're planning a development in Long Beach, California, this is where that project starts.
Loan Specifications
Veristone Capital- LOAN PURPOSE
- Land development/horizontal work
- INTEREST RATE
- From 10.99%
- LOAN AMOUNT
- Up to $10MM
- LOAN TERM
- Up to 18 months
- BORROWER TYPE
- Individual or entity
- EXPERIENCE
- Preferred, but not required
- MAX LOAN-TO-COST (LTC)
- Up to 60%
- MAX LOAN-TO-VALUE (LTV)
- Up to 70%
- CONSTRUCTION FINANCING
- Up to 100% of budget
See If You Qualify
Ready to apply for a Land Development & Horizontal Construction Loans in Long Beach?
How a Long Beach, California Land Development Loan Can Work for You
We assist with construction when needed.
We know local markets and permitting.
We thoughtfully attend to every detail.
Long Beach Land Development Loan Data
Market Overview
Population
462,628
Median Home Price
$614,400
Owner Occupied
81,950
Renter Occupied
66,202
Hard Money Loan Volume
$318,935,743
Rental Property Loan Volume
$392,290,964
Bridge Loan Volume
$111,627,510
Fix & Flip Loan Volume
$242,391,165
About Our Long Beach Land Development & Horizontal Construction Loan
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Talk to a Land Development & Horizontal Construction Loans expert in Long Beach, California
Find Out What Veristone Can Do For You
Get started with a personalized quote or pre-qualification in minutes.
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Ready to discuss your Land Development & Horizontal Construction Loans needs in Long Beach, California? Our team is here to help you find the right financing solution.
Veristone provides real estate investment loans for investors looking to fund their next project.
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