LD-SEP Program – More Information
The LD-SEP Program (Land Development – Sale Equity Purchase Program) is a purchase option designed for landowners who want to unlock equity through the sale of land that may be developed prior to resale, not through borrowing, financing, or credit.
This page provides additional detail to help you understand how the LD-SEP Program works and what to expect if you choose to explore it.

What the LD-SEP Program Is
The LD-SEP Program is a land purchase transaction with a development component.
Under the LD-SEP Program:

• You sell your land to us in an initial sale.
• We become the owner of the land at closing.
• You receive a lump-sum payment based on available equity.
• The land may then be developed, subdivided, improved, or otherwise prepared for resale.
• After development, the land or resulting lots are sold to end buyers.
• You may receive additional net proceeds from one or more resale events, when applicable, as outlined in your agreement.

The LD-SEP Program is not:

• a loan
• financing
• a mortgage
• a development loan
• a joint venture or partnership
• a credit or advance product

There are no monthly payments, no interest, and no repayment obligation.

Who the LD-SEP Program May Be a Fit For
The LD-SEP Program may be appropriate for landowners who:

• own land suitable for development or subdivision,
• want access to equity before development is completed,
• prefer a non-debt solution,
• do not want to personally manage development risk or costs,
• want to potentially participate in resale proceeds without retaining ownership.

The LD-SEP Program is not intended for individuals seeking a loan, construction financing, or ongoing ownership or control of development decisions.

Initial Sale & Lump-Sum Payment
If approved and accepted:

• you sell the land to us at an initial closing,
• title and ownership transfer to us,
• existing liens or encumbrances may be addressed as outlined in the agreement,
• you receive an agreed-upon lump-sum payment at or shortly after closing.

The lump-sum amount varies based on property characteristics, development feasibility, market conditions, and expected costs.

Development of the Property
After the initial sale:

• we may pursue development activities, which may include zoning, subdivision, infrastructure, utilities, entitlement work, or other improvements,
• all development decisions, costs, risks, and timelines are controlled and borne by us,
• development is not guaranteed and may change based on market or regulatory conditions.

You do not retain ownership, control, or decision-making authority over the property after the initial sale.

Resale of the Property or Lots
Once development is complete (or when deemed appropriate):

• the property or resulting lots are marketed and sold to end buyers,
• sales may occur over time and in multiple transactions,
• licensed professionals may be used when required.

Sale timing, pricing, and number of transactions vary and are not guaranteed.

Participation in Net Proceeds
Depending on the terms of your LD-SEP Program Client Agreement:

• you may receive a portion of net proceeds from one or more resale transactions,
• payments, if any, are made after applicable costs, development expenses, third-party fees, and agreed-upon charges are satisfied,
• participation is limited to what is expressly stated in writing.

Any participation in resale proceeds:

• is not guaranteed,
• does not create ownership or partnership rights,
• does not give control over development or sales.

True Sale of Land
The LD-SEP Program involves a complete transfer of ownership at the initial closing. 
No Credit or Financing
We do not evaluate credit, income, employment, or ability to repay. The LD-SEP Program does not create debt or repayment obligations.
Not a Partnership or Joint Venture
​The LD-SEP Program does not create a partnership, joint venture, agency relationship, or fiduciary duty. Any proceeds participation is contractual only.

Independent Advice Is Encouraged
Land development involves zoning, entitlement, tax, and market risks. You are encouraged to:

• consult independent legal counsel,
• speak with a land or development professional,
• review alternative sale or development options.

Proceed only if you fully understand the transaction.

No Obligation
Submitting information, receiving pre-qualification, or reviewing an LD-SEP Program Client Offering:

• does not obligate you to proceed, and
• does not obligate us to purchase your land.

All transactions require written agreement and closing.

Next Steps
If you would like to explore whether the LD-SEP Program may be an option for your land, you may apply now. We are available to explain the process and answer questions so you can make an informed decision.

Apply Now