Characteristics of Land Loans

Characteristics of Land Loans

Chuck Salas, with private lender Seattle Funding Group, discusses what borrowers of land loans should be aware of. Among the characteristics of land loans that borrowers should be cognizant of: low loan-to-value rations, higher interest rates, heavy bias towards strong sponsors and focus on entitled / ready-to-go parcels.

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Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

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