First-lien collateral
Business-purpose loans secured by U.S. residential real estate.
Residential land acquisition and development
Entitled Land Acquisition and Development Loans
Business-purpose acquisition and horizontal development financing for entitled residential land ahead of vertical construction.
Indicative term
12–18 months
Leverage guideline
Up to 65% LTC
Primary use
Entitled land acquisition and development
Structure
Conservative land-stage underwriting
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Built for the land stage.
Entitled land financing supports acquisition and horizontal development ahead of vertical residential construction.
MRC applies a business-purpose first-lien real estate lending framework while matching term and leverage guidelines to the collateral and project stage.
Third-party diligence
Appraisal, title, document, borrower background and OFAC review.
Transaction controls
Product-specific leverage and, where applicable, verified construction-draw controls.
Business-purpose financing fit
Financing for entitled residential land
Entitled land financing focuses on a residential development opportunity before vertical construction. It is distinct from financing a completed house: the entitlement status, horizontal work, development budget and next capital stage determine how a business-purpose transaction should be reviewed.
Key considerations for this loan strategy
- Identify the parcel, entitlement status and planned residential development.
- Describe acquisition costs and any proposed horizontal improvements.
- Explain the path from entitled land to vertical construction or another defined project milestone.
- Assess the indicative 12–18 month term and the published up to 65% LTC guideline.
These are discussion points, not a complete document checklist or eligibility determination. Learn more in the business-purpose real estate loans guide, or review MRC's underwriting framework.
Underwriting lens
Structure follows the project.
The published term and leverage figures are underwriting guidelines—not automatic approvals or standardized commitments.
Each financing opportunity is evaluated against its collateral, documentation, borrower diligence, project scope and applicable legal and compliance requirements.
Have a real opportunity that fits this strategy? Debbie can guide you through the details and submit it directly to MRC for review.
