Commercial
Land Development Loans in Phoenix, AZ
Phoenix homebuyers trust Custom Mortgage for their Land Development Loans needs. With deep knowledge of the local market, from Biltmore to Downtown, we provide tailored solutions with rates as low as 8.5%.
Key Facts About Land Development Loans
CMRE Land Development Loans ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for Land Development Loans.
CMRE Land Development Loans closes in LLC, corporation, or trust names.
CMRE commercial lending covers office, retail, industrial, and multifamily.
CMRE Land Development Loans ranges $250K to $50M.
CMRE commercial bank statement programs for Land Development Loans.
CMRE Land Development Loans closes in LLC/Corp/Trust.
CMRE commercial covers office, retail, industrial, multifamily.
Program Benefits
Competitive interest rates starting at 8.5% allow you to maximize your investment potential.
Flexible loan terms tailored to your project's specific timeline and financial needs.
Financing available for a wide range of land development projects.
Expert guidance from experienced loan officers throughout the entire process.
Streamlined application process for quick and efficient funding.
Opportunity to build equity and generate significant returns on your investment.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
55%
Loan Amount Range
$100K - $5M
Amortization Options
Eligible Properties
- Residential Land
- Commercial Land
- Agricultural Land
- Industrial Land
Program Requirements
Income Documentation
- •Demonstrated ability to repay the loan based on project pro forma and borrower's financial statements.
- •Sufficient income or cash flow to cover existing debts and the proposed loan payment.
- •Verification of income sources through tax returns, bank statements, and other relevant documentation.
Asset Verification
- •Sufficient liquid assets to cover the down payment, closing costs, and any initial development expenses.
- •A strong balance sheet demonstrating financial stability and the ability to manage debt.
- •Appraisal of the land to determine its current market value and potential for future appreciation.
Insurance & Title
- •Property insurance to protect against damage or loss during the development phase.
- •Liability insurance to cover any potential accidents or injuries on the property.
- •Title insurance to ensure clear ownership of the land.
Property Requirements
- •Minimum FICO score of 640 or higher.
- •A credit history demonstrating responsible debt management.
- •Limited history of delinquencies, bankruptcies, or other adverse credit events.
Land Development Loans in Phoenix: The Complete Guide
What Is Land Development Loans?
Land development loans are specialized financing options designed to help developers and investors acquire and prepare land for construction. These loans typically cover the costs associated with purchasing the land, obtaining permits, installing infrastructure (such as roads, utilities, and drainage systems), and preparing the site for building. Unlike traditional mortgages, land development loans are often short-term and come with specific requirements and conditions.
Qualifying for Land Development Loans
- •Underwritten on property income (DSCR) and borrower financial strength.
- •Typical DSCR requirement: 1.20x-1.25x (NOI / debt service).
- •2+ years business experience, adequate liquidity, acceptable credit.
- •CMRE commercial bank statement programs: qualify with 12-24 months statements instead of tax returns.
- •SBA programs (7(a), 504, Express) available for owner-occupied commercial with as low as 10% down.
Land Development Loans vs. Residential Lending
- •Commercial: underwritten on property cash flow. Residential: on borrower income.
- •Commercial terms: 5-10 year terms with 25-30 year amortization.
- •Commercial allows LLC/Corp entity vesting for asset protection.
- •CMRE offers both — our team determines the best structure for your situation.
Apply for Land Development Loans with CMRE
- •Step 1: Submit property details — type, location, price, NOI, business plan.
- •Step 2: CMRE provides preliminary terms within 48 hours.
- •Step 3: Application with financial statements, rent rolls, entity docs.
- •Step 4: Appraisal and environmental assessment.
- •Step 5: Underwriting in 2-4 weeks. Closing in 30-60 days.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Land Development Loans in Phoenix, AZ
Phoenix mortgage specialists. Whether you're buying in Arcadia or North Mountain, we have the right loan for you. Custom Mortgage & Real Estate specializes in providing high-fidelity Land Development Loans solutions tailored to the unique economic landscape of Phoenix and the surrounding Maricopa County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entirePhoenix metropolitan area.
Service Areas & Neighborhoods
Our Phoenix Presence
Local Knowledge. Global Rates.
2575 E Camelback Rd
Phoenix, AZ 85016
Direct Line
877-976-5669Common Questions About Land Development Loans in Phoenix
What are current Land Development Loans rates in Phoenix, AZ?
Land Development Loans rates in Phoenix depend on loan amount, credit profile, and property type. CMRE publishes updated Phoenix rate ranges daily and provides locked quotes within 24 hours of application.
How long does Land Development Loans closing take in Phoenix?
CMRE typically closes Land Development Loans loans in Phoenix within 21-30 days from application. Pre-approval takes 24 hours, and our AZ-licensed team coordinates title, escrow, and appraisal concurrently to save time.
What commercial property types qualify in Phoenix?
CMRE finances office, retail, industrial, multifamily, mixed-use, and special-purpose properties in Phoenix and throughout Maricopa County. Loan amounts range from $500K to $50M with 5-10 year fixed-rate terms.
Does CMRE offer SBA loans in Phoenix?
Yes. CMRE is an SBA Preferred Lender in Phoenix. We offer SBA 7(a), 504, and Express loans for Maricopa County business owners purchasing or refinancing commercial real estate.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
Land development loans typically have shorter terms than traditional mortgages, often ranging from 1 to 5 years. This is because they are intended to finance the development phase of a project, after which the borrower will typically seek permanent financing or sell the developed land.
Loan funds can be used to cover a variety of expenses, including land acquisition, permitting fees, site preparation costs, infrastructure installation (roads, utilities, drainage), and construction costs. The specific uses of the funds will be outlined in the loan agreement.
The interest rate on a land development loan is typically determined by a combination of factors, including the borrower's creditworthiness, the project's risk profile, and prevailing market conditions. CMRE offers competitive rates starting at 8.5%.
CMRE Land Development Loans starts at $250,000. SBA may start lower. Max depends on property type — up to $50M.
Yes. Entity vesting is standard for commercial. Personal guarantee typically required.
Yes. CMRE commercial bank statement programs use 12-24 months statements instead of tax returns.
Typically 5-10 year terms with 25-30 year amortization. CMRE structures terms based on cash flow and exit strategy.
30-60 days depending on complexity. SBA: 45-90 days.
Land Development Loans by Location
Get local rates, loan limits, and market data for Land Development Loans in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
