Land Loan

Typically, the timeline for securing a land loan, from a non-bank lender such as CCG, can range from a few days to a few weeks. This expedited timeline is due to the streamlined application and approval processes that non-bank lenders often borrowers, designed to minimize delays. For example, we use more flexible criteria and have a more personalised assessment approach than a traditional bank, allowing for faster decision-making. The exact time frame can vary based on the specifics of the loan application, the complexity of the land purchase, and the borrower's promptness in providing necessary documentation. ​​

When applying for a land loan with CCG you will need to provide a description of the property, including its location, size, zoning status, and intended use, which helps us to assess the viability and potential value of the land. Additionally, you may be required to submit a land appraisal report to justify the purchase price and a survey report to clarify boundaries and topography. Any proposed plans for development on the land, along with town planning advice would be beneficial.  

Considering a land loan with a non-bank lender such as CCG can be highly advantageous for individuals seeking flexibility and responsiveness not always available through traditional banks. We are typically able to offer more tailored loan products and can provide faster decision-making and loan disbursement, which is crucial when dealing with time-sensitive land purchases. Furthermore, we can accommodate a wider range of credit profiles and may have less stringent requirements for loan approval, making it an accessible option for those who might not qualify with conventional lenders. This flexibility extends to the use of the land itself, as non-bank lenders often have more adaptable criteria regarding land type, usage plans, and development timelines. Our objective is always to help you achieve your goals in a timely fashion and to create as few roadblocks as possible.