Land Loans

Land Loans are short-term loans collateralized by land. Investors looking for construction loans who do not have plans and permits approved will find attractive a loan based on the As-is Value of the land.


Standard Loan Terms

  • Max Loan Amount: 55% of appraised value or
    purchase price (The lowest)
  • Rate: Starting at 9.99%
  • Term of loan: 12-24 months
  • Payments: Monthly interest payments with
    balloon at maturity
  • Prepayment penalty: None

Standard Closing Costs

  • Origination Fee: 1-2%
  • Underwriting Fee: $1,500
  • Legal: $750 – $1,500
  • Appraisal Fee: $500-$4500
  • Title Insurance and recording fees: 1%


Property Types

  • Land Parcels

Standard Requirements:

  • Credit Application
  • Last 2 bank statements (US bank account)
  • Copy of ID and Borrowing Entity docs
  • Purchase Contract (If Purchase)
  • Property Insurance

Standard Closing Time

  • The usual time to close is 5-10 days.

RBI Private Lending is a direct lender and does not rely on other institutions to close the loans. Once the title work and appraisal are ready, We will be too!

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What is the interest rate and loan term?
Usually, loan rates are 9% and 1.75% points. Loan terms are 12-36 months

What is the loan type?
Most our loans are interest only, which means a fixed interest is paid throughout the term and full balance at maturity. For example, a $100,000 with 12 months term and 9% rate will yield 12 monthly payments of $750 and a final payment of $100,000

What happens if I sell the property or prepay the loan before maturity?
In most of our loans there is no prepayment penalty.