LAND

BFI provides land inventory and A&D loans.
BFI also lends on the land component of construction projects.

LAND LOANS

Piggy Bank Icon

SIZE

Up to 75% LTV

Tumbs Up Icon

PRICING

No points, 9.99% fixed

Office Person Female

TERM

1 year term

 

GET STARTED

LAND COMPONENT OF SPEC

Construction Loans

-75%+100% BFI will lend up to 65% of land value + 100% of costs in accordance with an approved budget.

-100%: If you obtain third-party land financing (e.g. loan from land seller), BFI may offer a 100% LTC loan.

Multi-Year Lines

BFI will fund up to 100% of land and 100% of construction costs. Land must not be an outsized cost, or no more than 1/3 of total project costs. If building out a subdivision, additional funds maybe available for horizontal development.

 

QUESTIONS?