How do I get financing to build neighborhood

[James N Brannon Jr]

13 acres of land. City has approved the lots dimensions.  Need to build streets, homes, etc.  Where can I find financing to do this?

[Kevin Romines]

This would be a land development loan. You can get 50% to 65% LTV on raw unimproved land, or if there are horizontal improvements, you can get 75% LTV to finish out the horizontals.

The construction loans will give you 85% to 90% of the LTC or loan to cost, but these will only be done on an individual basis. each lot on its own loan. 

Let me know if you have any other questions, I'm happy to help.