SÉTANTA LOT LOAN PROGRAM

KEY TERMS

  • Up to 85% LTC

  • Non-Recourse

  • Loans for acquisition and development

  • Interest can accrue or be paid current

TARGET MARKETS

 

Alabama - Huntsville

Arizona - Phoenix, Scottsdale, Tucson
Colorado - Colorado Springs, Denver
Florida - Fort Myers, Naples, Orlando, Tampa, Jacksonville
Georgia - Atlanta, Savannah

Idaho - Boise

Minnesota - Minneapolis, St. Paul
North Carolina - Charlotte, Raleigh, Greensboro, Fayetteville, Wilmington

Ohio - Columbus

Oregon - Eugene, Portland, Salem

Pennsylvania - Pittsburgh
South Carolina - Charleston, Greenville, Myrtle Beach , Columbia
Tennessee - Nashville, Knoxville
Texas - Austin, Dallas, Houston, San Antonio
Utah - Salt Lake City, Provo
Virginia - Williamsburg, Leesburg, Richmond, DC

Washington - Seattle, Vancouver, Spokane, Tacoma
Wisconsin - Madison, Milwaukee

LOAN CRITERIA

  • Land must be entitled, with no discretionary approvals outstanding

  • 100% of lots must be presold to a home builder (affiliated or 3rd party)

  • Developer must have resume of completed projects, as well as pipeline of future deals

  • Guarantor suitable for completion guaranty

Tel: 704 560 5981

©2020 by Sétanta Development Capital.

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