Land Development & Horizontal Construction Loans | Salt Lake City, Utah
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 Salt Lake City Land Development & Horizontal Construction Loan
- No pre-payment penalties.
- Partially complete projects welcome.
- Cross collateralization available.
Median Home Price
$378,300
Population
200,567
Land Development & Horizontal Construction Loans Volume
$138,270,890
Land Development & Horizontal Construction Loans in Salt Lake City
Not every lender understands land. Veristone does. Our Land Development Loan is purpose-built for Salt Lake City, Utah developers who need capital to acquire, entitle, and improve land ahead of construction. With a market population of 200,567 and a median home price of $378,300, the fundamentals in Salt Lake City support investment at every stage of the development cycle, and Veristone is positioned to fund the earliest and most critical phase.
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 Salt Lake City?
How a Salt Lake City, Utah 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.
Salt Lake City Land Development Loan Data
Market Overview
Population
200,567
Median Home Price
$378,300
Owner Occupied
35,528
Renter Occupied
28,701
Hard Money Loan Volume
$138,270,890
Rental Property Loan Volume
$170,073,194
Bridge Loan Volume
$48,394,811
Fix & Flip Loan Volume
$105,085,876
About Our Salt Lake City Land Development & Horizontal Construction Loan
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Talk to a Land Development & Horizontal Construction Loans expert in Salt Lake City, Utah
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 Salt Lake City, Utah? 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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