Land Loans-Edward Voccola & Co. LLC, All Types, As low as $80,000 , no upfront, 5-15 Days to closing, approvals 24 Hours

We do all sorts of land loans for your bridge financing. We look at land loans nationwide. Here are some brief descriptions of the land loan programs we have. First your have to decide what you would use the loan for. Whether it is a purchase, refinance or cash-out for land we can help.

Raw Land

This is for when you need to get land for a possible future development. Whether it be for a full-time commercial farm or a part-time hobby farm. Here are some of the terms.

• Rates start at 2.9% and up
• Have interest only options
• No pre-payment penalties
• Flexible payment dates
• Land can be rural or suburban
• No Minimum size acres
• For hobby farm it can produce income or just be for fun
• Up to 30 year Fixed Rate, Or up to 10 year Adjustable Rate

Commercial Land

Available regardless of stage of development. Raw land, Commercial un-entitled land, entitled land, PUD and mixed use are accepted. Here are some of the terms.

• No Documentation available or Alternative Documentation
• Cross Collateralization
• Interest Only options
• Terms from 12 months – 36 months
• 6%-13%
• Up to 65% LTV
• Loans from $80,000 to $100,000,000
• Closes within 5-15 days usually
• No minimum credit score

Residential/Subdivision Development

For developing multiple single family residences or purchasing land to develop into multiple residences. Some examples of properties would be a residential subdivision, raw land, un-entitled land, entitled land, PUD, mixed use developments, vacant land, paper lots and tax increment financing (TIFS). Here are some of the terms.

• Loan Types: Purchase, Refinance, Cash-out, Foreclosure Prevention, DPO, Bank Work out, and Stalled Residential subdivisions
• Interest Only options
• Terms from 12 months – 36 months
• 6%-13%
• Up to 65% LTV
• Loans from $80,000 to $100,000,000
• Closes within 5-15 days usually, all states considered, all types of land considered.
• No minimum credit score

Hard Money Land Loan

For many different types of properties. Some examples are raw land, un-entitled land, entitled land, PUD, mixed use and vacant land. Most important thing we need to know is what the exit strategy is.

• Loan Types: Purchase, Refinance, Cash-out, Foreclosure Prevention, DPO, Bank Work out, and Stalled Residential subdivisions
• Interest Only options
• Terms from 12 months – 36 months
• 6%-13%
• Up to 65% LTV
• Loans from $80,000 to $100,000,000
• Closes within 5-15 Day, 24 hour approvals

Minimum loan amount is $80,000 and maximum loan amount is $100,000,000.

Here are basic questions for land loan/construction

1. When did you acquire the property ?
2. What entity took title ?
3. How much did you pay ?
4. What is Parcel # ? We need information to find property online.
5. Do you have closing statement from purchase ?
6. Cost breakdown of improvements ?
7. Is the property free and clear ? If not we need mortgage information on current financing.
8. Current Entitlements ?
9. PFS

Refinance

1. What is the address of the property

          2. Who is our Borrower/Borrowing Entity ?

          3. When did they purchase the property?

          4. How much did they purchase the property for ? Are the acquisition parameters easily available online ?

          5. Please attach appraisal or internet link to subject property for review ( Zillow, Trulia, Redfin, Loopnet, Local Public records et

Purchase

1. What is the address of the property
2. Who is our Borrower/Borrowing Entity ?
3. Purchase Contract ?
4. PFS or Application ? Does it show that our borrower will have the liquidity to be able to buy this property ?
5. Please attach appraisal or internet link to subject property for review ( Zillow, Trulia, Redfin, Loopnet, Local Public records etc

Contact us to see if we can help you with your land loan. See www.EdwardVoccolaLLC.com, Call Edward Voccola, LLM at 617-233-5555 or 646-342-4963, Email: [email protected], [email protected]

About Edward Voccola & Co. LLC- Edward Voccola, LLM

Edward Voccola & Co. LLC is a Boston -New York City-based real estate Funding firm focused on debt and equity investment strategies. Founded in 2001, EVO focuses on multifamily, retail, office, industrial and hotel sectors. The firm primarily serves client funding needs in the United States, Canada, Latin America, UK , EU countries, Caribbean island utilizing a global investor base consisting of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds, family offices, and high net worth individuals. EVO is across all real estate investment, development, and property management disciplines. Debt strategies include construction and acquisition lending, special situation financing and debt acquisitions; equity real estate strategies include opportunistic and value-add investments business funding as well as ground-up development. Among other industry recognitions, EVO has been named to the Top 10 Commercial Real Estate Funders prestigious “Top 10” list of Nationwide real estate players and is consistently cited as one of the industry’s top construction , acquisition , and development funders.

For Further Information , please contact Edward Voccola, LLM at 617-233-5555 or 646-342-4963, or EMAIL [email protected]

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Edward Voccola, LLM

100% Project Funding , Private & Joint Venture Equity, 144a Bond Funding, Construction, Hotels, Worldwide Lending

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