Loan Program

Land Development Loans in Jackson Hole, WY

Financing for land acquisition, entitlement, and development projects throughout Jackson Hole, Teton County, and the greater Wyoming-Idaho region.

Request Funding Call 307-313-5330

Land development loans provide capital for acquiring raw land and financing the costs of subdivision, infrastructure installation, site preparation, and entitlement. These specialized loans are structured to match the development timeline and can fund everything from single-lot improvements to large-scale residential or commercial subdivisions. Jackson Hole's growing demand for residential and commercial development creates opportunities for experienced developers, and our land development loans provide the phased funding necessary to execute complex projects.

Land development involves distinct phases: acquisition, entitlement (zoning, permits, approvals), infrastructure (roads, utilities, grading), and site preparation for construction. Each phase has different capital requirements and timelines. Our development loans are structured to fund these phases appropriately, with draw schedules aligned to milestones and interest reserves available to minimize carrying costs during the entitlement and development process.

Development Financing Expertise for Mountain Communities

Our team understands land development in mountain and resort communities. Jackson Hole, Wilson, Teton Village, and surrounding areas have unique considerations, environmental requirements, water and utility constraints, seasonal construction windows, and community approval processes. We structure loans that accommodate these realities. Interest reserves allow you to focus capital on development rather than debt service during the entitlement phase. Phased funding releases capital as milestones complete, protecting both borrower and lender.

From Raw Land to Build-Ready Lots

We finance the full development spectrum. Raw land acquisition is supported at appropriate LTV. Entitlement costs, engineering, legal, permit fees, can be funded. Infrastructure installation including roads, utilities, and grading is a core use. We can fund through construction readiness, at which point construction financing or lot sales provide exit. Experienced developers with proven track records receive the most favorable terms; we also work with qualified first-time developers on appropriate projects.

Development Loan Features

Our land development program offers terms tailored to development timelines:

Loan Amounts: $250,000 to $10,000,000
Interest Rates: Starting at 11.9% based on project stage and risk
Terms: 12 to 36 months with extensions for entitled land
Raw Land LTV: Up to 60%
Entitled Land LTV: Up to 75%
Interest Reserves: Available to minimize carrying costs
Phased Funding: Draws aligned with project milestones

Development Loan Benefits

Execute development projects with financing designed for the process:

Finance land acquisition and development costs in one facility
Flexible draw schedules aligned with project phases
No payments during development with interest reserves
Experience-based underwriting, we understand development
Fast approvals for qualified developers and projects
Extensions available for entitled land and delayed timelines
Local expertise in Jackson Hole area development dynamics

Development Projects We Finance

We finance various development project types. Residential subdivisions, single-family lots, townhome sites, or small multifamily parcels, are a core product. Commercial land development for retail, office, or mixed-use is supported. Infrastructure-only projects, roads, utilities, grading for future development, can be financed. We also fund land banking and entitlement projects where the exit is sale of entitled land or transition to construction financing. Each project type has specific underwriting considerations; our team can discuss your project.

Jackson Hole Development Considerations

Development in the Jackson Hole area involves unique factors. Environmental and conservation considerations can affect entitlement timelines. Water rights and utility availability vary by location. Community input and approval processes add time to some projects. Seasonal construction windows affect development scheduling. Our team understands these dynamics and structures loans with appropriate timelines and reserves. We've financed development projects throughout Teton County, Star Valley, and surrounding areas.

Frequently Asked Questions

What's the difference between raw land and entitled land financing?

Raw land has no approvals for development; entitled land has received zoning, permits, or other approvals for specific use. Raw land typically qualifies for lower LTV (up to 60%) and shorter terms due to higher risk. Entitled land can qualify for higher LTV (up to 75%) and longer terms. We structure loans based on the land's development stage.

How does the draw process work for development loans?

Development loan draws are tied to project milestones, acquisition closing, entitlement completion, infrastructure phases, etc. You request draws as milestones complete; we verify and release funds. Interest reserves can be structured so you don't make payments during development, interest is capitalized from the reserve. This preserves capital for development costs.

Do I need development experience to qualify?

We prefer developers with relevant experience, particularly for complex projects. First-time developers may qualify for smaller projects with strong feasibility, experienced team members (engineer, attorney), and appropriate equity. We evaluate each project on its merits, location, entitlement feasibility, exit strategy, and developer capability.

What if entitlement takes longer than expected?

Entitlement timelines often extend due to permit delays, community process, or unexpected conditions. We build flexibility into development loans. Extensions are typically available for qualified projects. Interest reserves help manage carrying costs during extended timelines. We encourage realistic initial timelines and maintain communication if schedules shift.

What areas do you finance development projects?

We finance land development throughout Jackson Hole, Wilson, Hoback Junction, Kelly, Moose, Teton Village, Dubois, Moran, Bondurant, Pinedale, Alpine, Afton, Victor ID, Star Valley, and surrounding areas in Wyoming and Idaho.

Loan Features

Loan amounts from $250,000 to $10,000,000

Interest rates starting at 11.9%

Terms from 12 to 36 months

Up to 60% LTV on raw land, 75% on entitled land

Interest reserves available

Phased funding as milestones are met

Benefits

Finance land acquisition and development costs

Flexible draw schedules aligned with project phases

No payments during development with interest reserves

Experience-based underwriting

Fast approvals for qualified developers