Mortgages to develop land
Mortgages to develop land:
We finance a percentage of the development costs with conditions depending on how far the work has progressed.
Requirements:
- Accredit the land ownership beforehand.
- Attach a technical-financial and development report for the project, specifying land aptitude, work costs, development and building schedule, sales price of the houses and financial development of the operation.
- Economic-financial data for the person requesting the financing.
The loan characteristics will vary according to the execution deadline and the rating for the requesting compan.
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