Land Loans
Delta 8 Capital is able to provide hard money loans in Texas on land.
If you own land, and you do not meet the criteria for a conventional lender, or you need money relatively quickly, Delta 8 Capital is an experienced resource for hard money loans in Texas.
The Land loans that we typically fund can be used to:
-Refinance your current lender,
-Pull cash-out of the land for development or other ventures
-Acquisition of property
Loan Size: |
$100,000 to $2,500,000 |
Term: |
Up to 12 months-extensions are available |
Structure: |
Interest only |
Rate and Fees: |
Fixed interest rate; will vary based on risk |
Loan to Value: |
Up to 50% of the current market value of the collateral as determined by Delta 8 Capital |
Collateral: |
First lien position on land |
Use of Funds: |
Acquisition, refinance, and development of land, as well as note purchases |