Loan Program
Horizontal Development
Development (A&D) loans cover horizontal costs: grading, roads, sewer, water, power and lot finishing. We structure these to roll into vertical construction or a lot sale program.
Typical Terms
| Loan-to-cost | Up to 75–80% of land + development cost |
| Term | 18–36 months |
| Draws | Engineer-certified progress draws |
| Release prices | Set per lot for partial releases |
| Recourse | Full or partial recourse |
Terms shown are typical ranges, not a commitment to lend. All financing is subject to lender underwriting and approval.
Who This Fits
- Developers with an approved plat
- Builders developing their own lots
- Lot developers selling finished lots to builders
What Lenders Look For
- Approved final plat and improvement agreements
- Engineer's cost estimate and bids
- Lot takedown contracts with builders
- Sponsor's development track record
- Bonding requirements
Documents Checklist
- Plat and entitlement approvals
- Engineer's estimate / bids
- Development budget and timeline
- Lot sale or takedown agreements
- Sources & uses and proforma