Land Development Loans | REI Transactional

Land Development · NC · SC · GA

The Seller Won't Wait.
We Will Fund.

You're close. Entitlements are nearly done. The seller wants out now. We fund pre-CD land deals when you have a strong exit and the finish line is in sight.

Loan Terms at a Glance

20%+
Starting Rate
Up to 70%
Max LTV
$100K–$2M
Loan Size
6–18 Mo
Loan Term
4+ Points
Origination Fee
Pre-CD Land
Property Type
Strong exit strategy required. LOI or purchase agreement from a builder preferred. Rezoning must be complete or substantially complete.
Pre-CD funding
Entitlements nearly complete
Builder LOI or PSA preferred
No upfront fees
NC · SC · GA

Who This Loan Is For

Developers at the Finish Line Who Need to Close Now

You've done the hard work. The land is rezoned. Most permits are in place. You're close to your Certificate of Development. A builder is ready to buy.

The problem: the seller wants out now. Banks won't touch pre-CD land. We will — when the deal makes sense and the exit is clear.

  • Purchase land that is through rezoning and near final entitlements
  • Close when the seller won't wait for your CD to come through
  • Bridge to a builder sale when an LOI or purchase agreement is signed
  • Secure a site before another developer moves in

What Makes This Deal Work for Us

We don't fund raw land with no plan. We fund developers who are almost done. Most permits are in. The hard part is behind you. The exit is clear.

Here's what we want to see: rezoning done (or nearly done), most permits in place, and a builder with a signed LOI or purchase agreement ready to go. The stronger your exit, the better we can structure the loan.

If your deal fits that, call us. We move fast and we know land. We're not going to make you explain what a CD is.

→ We fund the gap between where you are and where you're going.

What We Look For

Deal Requirements

Land development loans are underwritten deal-by-deal. Here's what we typically need to say yes — and what makes a deal harder to fund.

✅ What Helps Your Deal

  • Rezoning complete or substantially complete
  • Most entitlements in place — project is pre-CD
  • Signed LOI or purchase agreement from a builder
  • Strong developer track record in the market
  • Clear exit strategy with realistic timeline
  • Property in NC, SC, or GA

⚠️ What Makes It Harder

  • Raw land with no entitlement progress
  • No builder interest or identified buyer
  • Rezoning still in early stages or denied
  • No clear exit strategy or timeline
  • Loan amount exceeds 70% of current land value

Why REI Transactional

We Understand Land Deals

Most lenders won't touch pre-CD land. We've built a loan product specifically for developers who are close — but need capital now.

🗺️

We Know the Markets

We lend in NC, SC, and GA. We understand land values, entitlement processes, and builder demand in these markets — so we can evaluate your deal faster and more accurately.

Fast Response

We reply within 1 business day. Land deals move fast. When the seller has a deadline, you need a lender who picks up the phone and gives you a real answer quickly.

🤝

Deal-by-Deal Underwriting

We look at every land deal on its own merits. If your deal makes sense, we'll find a way to make it work — even if it doesn't fit a standard checklist perfectly.

💰

No Upfront Fees

We don't charge anything before closing. You're not paying us to review your application. Our fee comes out at closing from the loan proceeds.

📞

Straight Answers

If we can't fund your deal, we'll tell you fast and tell you why. No stringing you along while the seller's deadline passes. You'll always know where you stand.

🏗️

Built for Developers

We structured this product for people who develop land for a living. We speak your language and we understand what you need to get a deal across the finish line.

How It Works

From Application to Close

Tell us about the land, the entitlement status, and your exit. We take it from there.

1

Tell Us About the Deal

Submit the property address, purchase price, entitlement status, and your exit plan. We need the basics — not a stack of documents.

2

We Review Fast

We respond within 1 business day. If the deal fits, we'll have a conversation. If it doesn't, we'll tell you straight.

3

Term Sheet

If it works, we send a term sheet. Rate, fee, loan amount — all in writing before you commit to anything.

4

Funded

We close and fund. The seller gets paid. You own the land and can finish the path to your builder sale.

Close to the Finish Line? Let's Talk.

Tell us about your land, your entitlement status, and your exit plan. We'll review it and respond within 1 business day.

No upfront fees · Reply in 1 business day · NC · SC · GA

Common Questions

Do you fund raw land with no entitlements?+
Generally no. Our land development loans are for projects that are through rezoning and have most entitlements in place. Raw land with no entitlement progress is a much harder deal for us to fund. Call us at 919-351-9343 and tell us where your project stands — we're happy to have the conversation.
Is a signed builder agreement required?+
A signed LOI or purchase agreement from a builder is strongly preferred — it's the clearest proof of your exit strategy. We can look at deals without one, but your exit plan needs to be detailed and credible. The stronger your exit, the easier the deal is to fund.
What does "pre-CD" mean?+
CD stands for Certificate of Development (sometimes called a Certificate of Completion or Development Approval depending on your municipality). Pre-CD means your land is approved for development and you're working through the final entitlement steps before full approval is issued. We fund at this stage when most entitlements are complete and the exit is real.
What states do you lend in?+
We fund land development loans in North Carolina, South Carolina, and Georgia. If your project is outside those states, call us and we'll let you know if we can help.
How is LTV calculated on land?+
LTV is based on the current as-is value of the land — not the future value after development. We lend up to 70% of the current appraised or assessed land value. We use our own underwriting process to determine value — no full appraisal required on most deals.

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