Marquee Funding Group has successfully funded a $2,475,000 loan for the purchase of 30 residential lots in Texas. This transaction highlights Marquee’s ability to support builders, developers, and investors with tailored private money financing that enables them to act quickly in competitive land acquisition opportunities.
The loan was structured with a 9% interest rate, a 55% loan-to-value ratio, and a 12-month term. The conservative LTV ensures that the deal remains well-secured, offering a substantial equity buffer for investors. Meanwhile, the short-term loan structure aligns with the borrower’s strategy of acquiring and developing the lots efficiently, before moving to exit through sales or longer-term financing.
Residential development remains strong across many regions of Texas, fueled by population growth, job expansion, and housing demand. However, traditional lenders are often hesitant to finance raw land or multi-lot purchases due to the perceived risks and extended timelines. Marquee Funding Group specializes in filling this gap, providing flexible private money loans that allow developers to seize opportunities without delay.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
