Land Development & Horizontal Construction Loans | Mckinney, 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 Mckinney Land Development & Horizontal Construction Loan
- No pre-payment penalties.
- Partially complete projects welcome.
- Cross collateralization available.
Median Home Price
$315,200
Population
195,308
Land Development & Horizontal Construction Loans Volume
$134,634,905
Land Development & Horizontal Construction Loans in Mckinney
Mckinney's growth, with 195,308 residents and a median home value of $315,200, 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 Mckinney, 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 Mckinney?
How a Mckinney, 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.
Mckinney Land Development Loan Data
Market Overview
Population
195,308
Median Home Price
$315,200
Owner Occupied
34,594
Renter Occupied
27,947
Hard Money Loan Volume
$134,634,905
Rental Property Loan Volume
$165,600,832
Bridge Loan Volume
$47,122,117
Fix & Flip Loan Volume
$102,322,528
About Our Mckinney Land Development & Horizontal Construction Loan
Get Started Today
Talk to a Land Development & Horizontal Construction Loans expert in Mckinney, Texas
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 Mckinney, 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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