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California Hard Money Land Loan

Chris Goulart

This California hard money land loan funding was for a piece of land with a small amount of debt on it.  Our client was in need of some working capital to further improve the property.  His goal was to make improvements to streamline operations for more efficiency and to maximize crop yield.

California Land Loan

This property consisted of just under 20 acres and contained two wells on the property that provide all the water for the irrigation.  The property is planted with mature producing manzanilla olive trees with the soil being San Joaquin Loam.  Our client had owned the property for about five years and had built a good amount of equity in the property.

We were able to get our client a quick commitment to fund and a swift turn around on this land loan transaction, enabling him to access the capital required for his business operations without undue time delays or red tape.

Our loan to value on this transaction was about 30%.  Most of our California hard money land loans fall out between 30-50% loan to value.  More desirable locations usually will be at the higher end of that range, while less desirable locations will typically fall out closer to the 30% level.  Land that has structures on the property can sometimes be financed at higher loan to value ratios, in some cases up to 65% or more.

For more information, please call us with your scenario at 877 462 3422.  You can also find more information about these products by visiting our California land loans page.

Chris Goulart specializes in creative private money solutions secured by real estate throughout California. The private hard money loans he works with are typically funded by individuals and groups outside the more traditional banking industry. He has specialized in private hard money loans for over a decade and is fully licensed both at the state level, through the DRE, as well as the national level, through the NMLS.