Land Loans Financing
With our new high-yield debt product, Clara Capital can take an equity-type risk and structure it in a first lien position, enabling you to retain 100% of your equity. The key with this product is the ability to base the loan amount on the future market value.
- LTV: Up to 65% of the FMV
- LTC: Up to 80%
- Prepayment penalty: None
- Recourse: None • Term: 12-24 months
- Amortization: Interest only
- Closing time frame: 30 days
- Minimum loan size: $1,000,000