Best Hard Money Land Loans

Who Offers the Best Hard Money Land Loans?

Finding the best hard money land loan can be a bit more difficult than other types of loans. When it comes to investing in land, your hard money land loan can often make or break your deal. Land loans come with more risk for a lender because the underlying asset is less valuable than a finished parcel, plus, it’s typically more difficult to sell. Knowing how to approach a hard money lender is key.

Here’s our short list of the best hard money loans for bad credit:

1. Alpha Funding
2. Equity Max
3. Capital Funding 1

Top 3 Best Hard Money Land Loans

Alpha Funding

Alpha Funding Corp. was founded in 2013 and have been providing hard money land loans ever since. They have a good website and a strong Google profile. Here’s more about their terms:

• Minimum Loan Amount: $2,000,000
• Maximum Loan Amount: $25,000,000+
• Interest Rate: 10.5% – 13.75%
• Origination Fee: 2 to 3 Points
• Term Length: 3 to 36 Months
• Time to Close: 2 to 3 Weeks
• Maximum LTV/ LTC: 65% / 80%

2. Equity Max

Equity Max is a family owned business that offers a variety of lending options for land. From small loans, to big loans, to vacant parcels and more, they are able to work with investors to get the deal closed. They have a professional website and a strong Google profile. 

#3. Capital Fund 1

Capital Fund 1 is a hard money lender for land and lot loans serving Arizona, Colorado and Texas. They can finance deals quickly abd offer a simple, efficient process.

 Here’s more info about their terms: 

• Borrow up to 70% Loan to Purchase Price
• Easy application process
• Loan fees ranging from 1-3 points
• 6-24 Month Term with provisions for extension
• They can fund start to finish in as little as 48 hours
• They don’t typically include prepayment penalties