Land Development & Horizontal Construction Loans | El Paso, Texas
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 El Paso Land Development & Horizontal Construction Loan
- No pre-payment penalties.
- Partially complete projects welcome.
- Cross collateralization available.
Median Home Price
$133,600
Population
681,728
Land Development & Horizontal Construction Loans Volume
$469,983,283
Land Development & Horizontal Construction Loans in El Paso
Land development in El Paso, Texas sits at the intersection of vision and execution. With 681,728 residents and properties averaging $133,600, 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 El Paso.
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 El Paso?
How a El Paso, Texas 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.
El Paso Land Development Loan Data
Market Overview
Population
681,728
Median Home Price
$133,600
Owner Occupied
120,761
Renter Occupied
97,555
Hard Money Loan Volume
$469,983,283
Rental Property Loan Volume
$578,079,438
Bridge Loan Volume
$164,494,149
Fix & Flip Loan Volume
$357,187,295
About Our El Paso 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 El Paso, Texas? 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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