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💰 What Is a Land & Entitlement Loan?
This loan type provides capital for:
• Purchasing raw or undeveloped land
• Covering costs of the entitlement process, including legal, engineering, and municipal fees
• Holding costs (e.g., taxes, insurance, interest) during the pre-development phase
These loans are typically short-term and interest-only, with repayment expected once the land is entitled and either sold, refinanced, or developed further.
💰 What Is a Land & Entitlement Loan?
This loan type provides capital for:
• Purchasing raw or undeveloped land
• Covering costs of the entitlement process, including legal, engineering, and municipal fees
• Holding costs (e.g., taxes, insurance, interest) during the pre-development phase
These loans are typically short-term and interest-only, with repayment expected once the land is entitled and either sold, refinanced, or developed further.