Financing for raw, unentitled and entitled land in and around Compton, sized against the appraised value of the parcel.
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Land Loans in Compton
Compton, in south Los Angeles County along the 91 and 710 Freeways, is mostly single-family homes from the 1920s through the 1950s, many on larger lots than nearby cities offer. Richland Farms on the west side keeps agricultural zoning that allows horses and livestock on deep residential lots.
Land in Compton includes residential infill lots, deep Richland Farms parcels and industrial land in the city’s commercial areas, some of which has environmental history that affects use. We lend up to 50% of the appraised value, purchase or refinance, and the appraisal reflects those factors.
How It Works
Rates, points and fees depend on the parcel and the deal and are disclosed in writing before you commit.
Where We Lend
We lend throughout Compton and the rest of Los Angeles County, including these areas.
Straight Answers
We can, up to 50% of the appraised value. Environmental history on the site affects the appraisal and what the land can be used for.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Compton, rather than routing them through an out-of-state call center.
Up to 50% of the appraised value, purchase or refinance. That’s a ceiling, and the appraisal sets the number, so we can’t move forward on a file without one.
More in Compton
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Compton and Los Angeles County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203 · (818) 937-9987
California Department of Real Estate DRE# 02037255 and NMLS# 233991.