Land Development & Horizontal Construction Loans | Kent, Washington

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 Kent Land Development & Horizontal Construction Loan

  • No pre-payment penalties.
  • Partially complete projects welcome.
  • Cross collateralization available.

Median Home Price

$650,000

Population

136,588

Land Development & Horizontal Construction Loans Volume

$94,163,767

Land Development & Horizontal Construction Loans in Kent

Land development in Kent, Washington sits at the intersection of vision and execution. With 136,588 residents and properties averaging $650,000, 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 Kent.

Loan Specifications

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 Kent?

How a Kent, Washington Land Development Loan Can Work for You

1

We assist with construction when needed.

2

We know local markets and permitting.

3

We thoughtfully attend to every detail.

Kent Land Development Loan Data

Market Overview

Population

136,588

Median Home Price

$650,000

Owner Occupied

24,195

Renter Occupied

19,546

Hard Money Loan Volume

$94,163,767

Rental Property Loan Volume

$115,821,434

Bridge Loan Volume

$32,957,319

Fix & Flip Loan Volume

$71,564,463

About Our Kent Land Development & Horizontal Construction Loan

About Our Kent Land Development & Horizontal Construction Loan infographic
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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 Kent, Washington? Our team is here to help you find the right financing solution.

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