Land Development & Horizontal Construction Loans | Colorado Springs, Colorado
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 Colorado Springs Land Development & Horizontal Construction Loan
- No pre-payment penalties.
- Partially complete projects welcome.
- Cross collateralization available.
Median Home Price
$318,200
Population
478,221
Land Development & Horizontal Construction Loans Volume
$329,685,557
Land Development & Horizontal Construction Loans in Colorado Springs
Land development in Colorado Springs, Colorado sits at the intersection of vision and execution. With 478,221 residents and properties averaging $318,200, the demand for developed, build-ready lots is sustained by real market pressure. Veristone's Land Development Loan provides the capital to take raw or improved land through the entitlement and development process, giving developers the runway they need to unlock a project's full potential in Colorado Springs.
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 Colorado Springs?
How a Colorado Springs, Colorado 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.
Colorado Springs Land Development Loan Data
Market Overview
Population
478,221
Median Home Price
$318,200
Owner Occupied
84,712
Renter Occupied
68,433
Hard Money Loan Volume
$329,685,557
Rental Property Loan Volume
$405,513,236
Bridge Loan Volume
$115,389,945
Fix & Flip Loan Volume
$250,561,024
About Our Colorado Springs Land Development & Horizontal Construction Loan
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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 Colorado Springs, Colorado? 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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