ROI is able to provide funding to land development at all stages in the development timetable. From a re-zoning to site servicing we are able to structure a loan to fit your needs.
Please see below for our typical lending criteria.
Terms and Loan Structure
Classes: From Agricultural Land to Site Plan Approved
Loan Type: Acquisition Financing, Re-Finance, Bridge Loan, Site Servicing & Mezzanine Loans
Loan Amount: Up to $10,000,000
LTV: Up to 65% LTV
Priority: 1st Mortgage with postponements available for servicing
Rate: Prime +5.00%-7.00%
Lender Fee: 2.00%
Amortization: Interest Only
Term: 1-3 Years