Hard Money
Raw Land Hard Money
Unlock the potential of your land investment with CMRE's Raw Land Hard Money loans. Designed for quick access to capital, these loans provide the flexibility you need to acquire and develop raw land, even with less-than-perfect credit. Starting at 9.875%, our Raw Land Hard Money loans offer a streamlined path to seizing lucrative opportunities.
Program Benefits
Fast closing times, often within days, allowing you to capitalize on time-sensitive deals.
Flexible loan terms tailored to your project's specific needs and timeline.
Ideal for borrowers who may not qualify for traditional financing due to credit or project complexity.
Use the loan to purchase raw land for future development, investment, or personal use.
Competitive rates starting at 9.875% enable profitable project outcomes.
Lower documentation requirements compared to conventional loans, simplifying the application process.
Program Highlights
Max LTV
70%
Min Credit Score
600
Max DTI
N/A (Focus on project viability)
Loan Amount Range
$50K - $5M
Amortization Options
Eligible Properties
- Residential Land
- Commercial Land
- Agricultural Land
- Industrial Land
Program Requirements
Income Documentation
- •Demonstrated ability to repay the loan, typically through income verification or asset documentation.
- •Sufficient cash flow to cover loan payments and other project-related expenses.
- •Clear explanation of income sources and stability.
Asset Verification
- •Verification of assets to demonstrate financial stability and repayment capacity.
- •Acceptable assets may include cash reserves, investment accounts, or other liquid holdings.
- •Equity in other properties may be considered as part of the asset assessment.
- •Detailed documentation of all listed assets, including statements and appraisals where necessary.
Insurance & Title
- •While not always required upfront, borrowers should have a plan for property insurance once development begins.
- •Liability insurance may be required during the development phase.
- •CMRE can advise on suitable insurance coverage options.
Property Requirements
- •Minimum FICO score of 600 required for consideration.
- •Recent credit history reviewed for adverse events such as bankruptcies or foreclosures.
- •Emphasis placed on overall financial profile rather than solely on credit score.
- •Explanation of any past credit issues can strengthen your application.
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
Raw Land Hard Money loans are typically short-term, ranging from 6 to 24 months.
The loan can be used to purchase raw land for future development, investment purposes, or personal use. This may include residential, commercial, agricultural, or industrial land.
One of the main benefits of hard money loans is their speed. Funding can often be secured in a matter of days, compared to the weeks or months it can take for traditional financing.
Yes, an appraisal is typically required to determine the current market value of the land.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
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."
