Mega Loan Funding

                Commercial loans and unsecured business lines of credit.

                     A world of commercial lending opportunities.  
 


MegaLoanFunding
11903 Middlebury Dr
Tampa, FL 33626

Tel:1-800-879-0284
Fax:813-435-2349
Email

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The land development commercial loan programs described in this web page do not constitute any form of offer to make a commercial loan or to make a land development commercial loan on any particular terms. If you are interested, you must make a formal written loan application and provide all required documentation. All information submitted by loan applicants is subject to verification. All commercial land development loan applicants must qualify under our underwriting requirements and satisfy all contingencies of commercial loan approval. Commercial loan approval will be subject to satisfactory appraisal, title review and no change in financial condition. Some commercial land development loan types may not available in all jurisdictions. The commercial land development loan programs on this web page are subject to change without notice. Our loan programs are for commercial business purpose only.

 

Land Development loans.

 

commercial development loan

Acquisition and development loan $1M +

Reference Number:

HM 061104

Loan Type:

Acquisition and development.

Term:

1 to 3 years.

LTV:

Up to 50% of the as is value by independent third party.

 MAI appraisal up to 60% of approved infrastructure development costs.

Interest Rate:

Interest rates start at 12%. Interest is paid monthly on the amount drawn based on the disbursement schedule. Allowances are made for prepayments of interest during the construction period.

Loan Purpose:

Construction costs, real estate acquisition and closing costs.

Max. Loan:

$1,000,000 and up.

Credit:

NA

Doc Type:

Brief property description • Budget • Sources and use of proceeds statements • Appraisal, if available.

Experience:

Owner or developer with track record.

Area:

United States and in select countries abroad.

Underwriting:

Approvals within 24 hours and a commitment within 48 hours and closings in as little as 14 business days.

Prepayment penalty:

Loans may be prepaid at any time after lockout period with no prepayment penalties.

commercial land development loan

Set up an appointment to discuss your loan requirements

 Set up a telephone appointment to talk to a processor who will prepare your loan application for you. 

See our complete loan process.

Our phone number is 1-800-879-0284 

Our Email address is Originator@MegaLoanFunding.com  

Introduce your self and receive updates on this site.

Get your Unsecured Business Line Of Credit today.

                   Broker Co-Op Policy           

Loan Products.

Construction.

Office Building

Multi Family.

Speed Loans and Hard Money.

Retail.

Land Development.

Automotive.

Assisted Living Facility.

Golf Course.

Mixed Use.

Warehouse.