Land Loan Program – California
Our Land Loan Program provides hard money financing for the purchase or refinance of raw, entitled, permitted, or shovel-ready land throughout California. These loans are ideal for investors and developers acquiring land for residential or commercial development when traditional bank financing is limited or unavailable.
| Loan Amounts | $100,000 – $3,500,000 |
| Property Type | Land – Raw, Entitled, Permitted, or Shovel-Ready |
| Loan Type | Purchase or Refinance – 1st Trust Deeds Only |
| Loan-to-Value | Up to 25% LTV on Raw Land | Up to 30% on Entitled Land | Up to 35% on Entitled & Permitted Land | Up to 40% on Shovel-Ready Land |
| Terms | 1–3 Years with Balloon – Interest Only Payments (Amortization Available) |
| Occupancy | Owner Occupied (3+ Units) & Non-Owner Occupied |
| Underwriting | Equity-Driven – Bank Statements – No Tax Returns Required (other docs may apply) |
| Property Valuation | Appraisal Required |
| Interest Rates | Starting at 13.50% |
| Credit Score | 680+ Minimum |
| Points & Fees | 2+ Points plus Underwriting & Valuation Fees starting at $3,495+ |
| Timeline to Fund | Typically 7–14 Business Days |
| Broker Protection | Broker Friendly – We Pay Commissions |
Who This Program Serves
- Developers acquiring raw land for future projects
- Investors purchasing entitled or shovel-ready parcels
- Builders preparing for residential or commercial construction
- Owners refinancing land to reposition or recapitalize
- Borrowers transitioning into construction financing
What Makes Our Program Different
- Tiered LTV Structure
Higher leverage available as entitlement and permitting milestones are achieved. - Equity-Focused Underwriting
Lending decisions are based primarily on land value and development stage. - Speed & Certainty
Same Day Term Sheets and fast closings, often within 7–14 business days. - Bridge-to-Construction Strategy
Designed to transition into construction financing once ready to build. - Broker Friendly
We protect broker relationships and pay commissions.
Strategic Advantages
- Secure land quickly in competitive markets
- Access capital when banks restrict land financing
- Position property for future construction funding
- Preserve liquidity with interest-only payment options
Why Mortgage Vintage, Inc.?
Mortgage Vintage, Inc. is a direct hard money lender that originates and funds business purpose loans secured by California real estate.
✓ Same Day Term Sheets – Professional Service
✓ Easy Loan Submission – Quick Turnaround – 7 Day Fundings
✓ Fast, Flexible and Transparent Loan Process
✓ Over 30 Years Financial Industry Experience
✓ Funding Based on Committed Terms
✓ Surety of Funding through CrowdTrustDeed’s Simple and Secure Online Marketplace
✓ Se Habla Español
All loans must be secured by California real estate.
Contact:
Sandy MacDougall – (949) 763-3982 – sandy@mortgagevintage.com
