Applicant must have an executed real estate sales contract and mortgage lender approval for a first lien mortgage loan. Through our private lending fund, we provide renovation and construction loans to professional home builders, real estate investors and developers.Expert insights into financing options to invest in property in Dallas. You must be a Texas resident. Your application can apply to any one property you own on January 1 on which property taxes are assessed. I have some questions on how a Director's loan work in a BTL LTD Company, hoping someone experienced here can help answer. A land loan, sometimes called a lot loan, enables you to purchase a plot of land where you can build a home.