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Alpha Funding Corp.

Bridge Loan
- LG104

Alpha Funding Corp.

Summary of all Guidelines

Loan Types Bridge Loan
Property Types Land Entitled, Land Non-Entitled
Lendding Area florida, texas
Loan amount Minimum $2,000,000
Loan amount Maximum $25,000,000
Interest Rate Minimum 10.5%
Interest Rate Maximum 13.75%
Points Minimum 1st TD 2
Points Maximum 1st TD 3
Terms 6 month, 1 year, 18 month, 2 year, 3 year
Typical Days Required to Fund 20-30 Business days
Recourse Recourse and Non Recourse available
General Pricing or Guideline info Commercial Land Agricultural Land Residential Land Industrial Land Raw Land Alpha Funding Corp is a leading provider of hard money loans for land and vacant property in Texas and Florida. Our land loans are ideal for property ranging from a few hundred square feet up to large acreage purchases. We strive to provide you the service you need, including quick closing loans on property that government-backed lenders may not be able to assist you with. LAND LOANS FOR RAW LAND Many banks and government-backed lenders will not lend on raw, vacant land. Or, if they do lend for this property, strict guidelines prevent most borrowers from qualifying. The good news is that it is possible to utilize hard money loans so that if you can’t qualify for a land loan through a conventional lender, you can still purchase your property. A hard money or private money loan is an asset-backed loan where a borrower can receive financing secured on real estate (including raw land.) Because hard money loans are issued by private firms, it is possible for borrowers who would not otherwise qualify for lending to get the financing they need. Most of these loans are for a period of time ranging from one to three years–long enough to build on or update the property and begin earning income from it.
Updated as of 2022-01-01

Commercial Land
Agricultural Land
Residential Land
Industrial Land
Raw Land

Alpha Funding Corp is a leading provider of hard money loans for land and vacant property in Texas and Florida. Our land loans are ideal for property ranging from a few hundred square feet up to large acreage purchases. We strive to provide you the service you need, including quick closing loans on property that government-backed lenders may not be able to assist you with.

LAND LOANS FOR RAW LAND
Many banks and government-backed lenders will not lend on raw, vacant land. Or, if they do lend for this property, strict guidelines prevent most borrowers from qualifying. The good news is that it is possible to utilize hard money loans so that if you can’t qualify for a land loan through a conventional lender, you can still purchase your property.

A hard money or private money loan is an asset-backed loan where a borrower can receive financing secured on real estate (including raw land.) Because hard money loans are issued by private firms, it is possible for borrowers who would not otherwise qualify for lending to get the financing they need. Most of these loans are for a period of time ranging from one to three years–long enough to build on or update the property and begin earning income from it.

These descriptions are limited information and meant for general reference purposes.