Land Development Financing2017-10-18T14:51:48+00:00

Land Development Financing

We arrange commercial financing for a wide variety of commercial land developments including residential subdivisions, industrial sites, and recreational areas. Financing for raw land is available to service your land parcel or property with utilities and infrastructure.

Residential Land Development Financing
Commercial Land Financing
Raw Land Development Financing
Recreational Park Development Financing

Commercial Land Development Financing

We provide commercial real estate financing to take land development from the acquisition stage through the subdivision development process. Land bank financing is generally available up to 50% of the cost of the land, and servicing loans for both residential and commercial industrial lots are funded on a cost-to-complete basis in the area of 60% – 85% of total cost, depending on the type and location of the lots, and the level of pre-sales relative to liquidation point. Our large network of commercial lenders allows us to consider land development projects in nearly any location across Canada.

Our commercial land development programs provide borrowers with fast flexible financing options with low rates and flexible financing features. We provide the financing you need to service your land parcel or property with utilities and infrastructure including paving roads, installing curbs, and ready your property to sell, or to begin the construction of your future business.

Property Types

  • Residential Developments
  • Industrial Sites
  • Recreational Areas
  • Parking Lots and Stations
  • Golf Courses

Lending Options

  • Deal Type: Purchase, Construction, Bridge
  • Transaction Size: $500,000 and Up

  • Term: Up to 20 years
  • Amortization: Up to 30 years

  • Loan to Value: Maximum 50%
  • Interest Rates: Fixed Rates as low as 5.95%
  • Debt Service Ratio: 1.25x

Rates and terms can change without notice. All transactions are subject to underwriting and written approval.

Financing Inquiry

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Contact Our Commercial Lending Team to Discuss Your Commercial Financing Needs

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Toll Free: 1-800-770-7075

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