Land Development & Construction Financing
Build your vision from the ground up with customized financing solutions for land development and construction projects. Whether you’re planning a residential community, a commercial development, or mixed-use property, our tailored lending programs are designed to meet the unique demands of your project.
Why Choose Us?
Financing land development and construction projects requires a deep understanding of the complexities of zoning, permits, timelines, and cost management. With our expertise, we provide flexible loan structures, competitive rates, and personalized service to ensure your project’s success.
Key Features of Our Land Development & Construction Financing
- Loan Amounts: $1 million to $100 million+
- Loan Types: Acquisition, Pre-Development, Development, Vertical Construction, and Value-Add Improvements
- Max Loan-to-Cost (LTC): Up to 65% (higher case-by-case w/ PACE)
- Interest Rates: Competitive fixed and variable rates
- Time to Close: Underwriting timelines range from 30 to 90 days – transaction specific
Borrower Requirements
- Minimum FICO: Underwriting Specific – see below
- Recourse and Non-Recourse: Options available
- Proven development experience: Preferred
- Project Types: Residential, Commercial, Mixed-Use, and Industrial Developments
Specialized Land Development & Construction Financing Considerations
Our financing solutions are designed to address the unique challenges of land development and construction projects:
- Zoning and Entitlements: Navigate zoning regulations, permitting requirements, and environmental compliance.
- Infrastructure Development: Provide funding for roads, utilities, and site preparation.
- Vertical Construction: Tailored solutions for residential, commercial, mixed-use, and industrial projects.
- Phased Development: Flexible financing options for multi-phase projects to match your timeline and cash flow needs.
- Exit Strategies: Assistance with transitioning to permanent financing or selling completed projects.
Example Project Types We Finance
- 1 off Spec – Construction
- Residential Subdivisions
- Multi-Phase Master-Planned Communities
- Commercial and Retail Developments
- Mixed-Use Developments
- Industrial Parks and Warehouses
- Hospitality and Resort Developments
- Urban Redevelopment Projects
- Agricultural Land Improvements
Tailored Solutions for Office Property Owners and Investors
Whether you’re looking to acquire a new office property, refinance an existing one, or fund value-add improvements, we provide end-to-end support to ensure a seamless financing process.
Contact Us Today
Ready to explore financing options for your multifamily property? Contact our team to discuss your needs and discover customized solutions.
Full Doc Underwriting
Limited Doc Underwriting
Common Sense Underwriting
Kastali’s Term Lending (Non-SBA)
| Time Required to Close | 45-60 Days |
| Loan Size | $1M-$50M+ |
| Loan Type | Purchase, Rate & Term, Cash-Out |
| Loan Purpose | Development, Long-Term Hold |
| Max LTC | Up to 65% LTC |
| Terms | 5-10 Years |
| Amortization | Interest Only or 25-30 Years |
| Rates | Competitive Fixed/Variable |
| DSCR Requirement | 1.25x to 1.45x |
| Lien Position | First Trust Deed Only |
| Borrower Entity | Corporate Structure Required |
| Minimum FICO | 680+ |
| Prepayment Penalty | Yes – Step Down |
| Recourse | Full Recourse |
| Occupancy Requirement | Investor Only |
| Lender Origination Fees | 0.5%-1.5% |
| Broker Fees | 1%-2% |
| Due Diligence Retainer | $2,500-$7,500+ |
| Packaging Deposit | $895 – Refundable |
| Locations | Continental US |
| Special Requirements | Strong Financials, Proven Development Experience |
***For real estate professional use only, not meant for the general public.
***Rates and terms subject to change without notice.
Kastali’s HUD/FHA Lending
| Time Required to Close | 60-90 Days |
| Loan Size | $1M-$100M+ |
| Loan Type | Purchase, Rate & Term, Cash-Out |
| Loan Purpose | Affordable Housing Development |
| Max LTC | Up to 85% LTC |
| Terms | 25-40 Years |
| Amortization | 25-40 Years |
| Rates | Low-Interest (FHA-Backed) |
| DSCR Requirement | 1.20x to 1.40x |
| Lien Position | First Trust Deed Only |
| Borrower Entity | Single Asset Entity |
| Minimum FICO | 700+ Preferred |
| Prepayment Penalty | Yield Maintenance/Step Down |
| Recourse | Non-Recourse Available |
| Occupancy Requirement | Investor/Owner-Occupied |
| Lender Origination Fees | 0.5%-1.5% |
| Broker Fees | 1%-2% |
| Due Diligence Retainer | $7,500-$12,000+ |
| Packaging Deposit | $895 – Refundable |
| Locations | Continental US |
| Special Requirements | Affordable Housing Focus, FHA Compliance |
***For real estate professional use only, not meant for the general public.
***Rates and terms subject to change without notice.
Kastali’s SBA Lending
| Time Required to Close | 60-90 Days |
| Loan Size | $500K-$10M |
| Loan Type | Purchase, Rate & Term, Cash-Out |
| Loan Purpose | Owner-Occupied Development |
| Max LTC | Up to 85-90% LTC |
| Terms | 10-25 Years |
| Amortization | 25 Years |
| Rates | SBA-Backed Rates |
| DSCR Requirement | 1.15x to 1.25x |
| Lien Position | First Trust Deed Only |
| Borrower Entity | For-Profit Business Entity |
| Minimum FICO | 640+ |
| Prepayment Penalty | SBA Guidelines Apply |
| Recourse | Full Personal Guarantee |
| Occupancy Requirement | 51%+ Owner-Occupied |
| Lender Origination Fees | 0.5%-1.5% |
| Broker Fees | 1%-2% |
| Due Diligence Retainer | $7,500-$12,000+ |
| Packaging Deposit | $895 – Refundable |
| Locations | Continental US |
| Special Requirements | Small Business Ownership, SBA Compliance |
***For real estate professional use only, not meant for the general public.
***Rates and terms subject to change without notice.
Full Doc Underwriting
Limited Doc Underwriting
Common Sense Underwriting
Kastali’s Bridge Lending
| Time Required to Close | 60-90 Days |
| Loan Size | $1M-$50M+ |
| Loan Type | Purchase, Rate & Term, Cash-Out |
| Loan Purpose | Stabilized Properties, Long-Term Hold |
| Max LTC | Up to 75% LTC |
| Terms | 5-10 Years |
| Amortization | 25-30 Years |
| Rates | Competitive Fixed/Variable |
| DSCR Requirement | 1.25x to 1.40x |
| Lien Position | First Trust Deed Only |
| Borrower Entity | Single Asset Entity |
| Minimum FICO | 700+ Preferred |
| Prepayment Penalty | Yield Maintenance/Step Down |
| Recourse | Non-Recourse Available |
| Borrower Type | Investor Only |
| Lender Origination Fees | 0.5%-1.5% |
| Broker Fees | 1%-2% |
| Due Diligence Retainer | $10,000-$15,000+ |
| Packaging Deposit | $895 – Refundable |
| Locations | Continental US |
| Special Requirements | Stable Rent Roll, Strong Property Financials |
***For real estate professional use only, not meant for the general public.
***Rates and terms subject to change without notice.