Land Development & Horizontal Construction Loans | Houston, 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 Houston Land Development & Horizontal Construction Loan
- No pre-payment penalties.
- Partially complete projects welcome.
- Cross collateralization available.
Median Home Price
$195,800
Population
2,320,268
Land Development & Horizontal Construction Loans Volume
$1,599,592,759
Land Development & Horizontal Construction Loans in Houston
Houston's growth, with 2,320,268 residents and a median home value of $195,800, 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 Houston, Texas, 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 Houston?
How a Houston, 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.
Houston Land Development Loan Data
Market Overview
Population
2,320,268
Median Home Price
$195,800
Owner Occupied
411,012
Renter Occupied
332,030
Hard Money Loan Volume
$1,599,592,759
Rental Property Loan Volume
$1,967,499,094
Bridge Loan Volume
$559,857,466
Fix & Flip Loan Volume
$1,215,690,497
About Our Houston Land Development & Horizontal Construction Loan
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Talk to a Land Development & Horizontal Construction Loans expert in Houston, Texas
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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 Houston, 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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