Carmel is a city just north of Indianapolis and home to 92,198 residents. Often cited as one of the Best Places to Live in America by Money magazine — with high median household incomes and very low unemployment — this beautiful, white-collar city is booming!
Land loans for Carmel, like its neighbor Indianapolis, are somewhat hard to find, which drives prices up; traditional lenders assign greater risk to this type of purchase because it does not feature improvements. Improvements, in the commercial and residential lending world, mean infrastructure, buildings, systems, and components.
However, land loans in Carmel can be found with Proactive Lending Group! We are among the few funding sources for such financing. Since land loans aren’t nearly as plentiful or available as traditional commercial and residential loans, Proactive is pleased to be able to offer our investors funding for highly sought-after commercial land loans. Give us a call to learn more about land loans and other financing products today.