The Lendersa® list of construction loan providers in Monroe, CT features regional banks, national lenders, and local hard money lenders utilizing private funds for ground-up constructions or major renovations.
For a 2,000 square foot home in Monroe, CT, lenders estimate costs from $275,714 for basic constructions up to $497,637 for more luxury designs. These costs, along with interest rates and loan terms, vary depending on borrowers' financial health, the Loan-to-Value (LTV) ratio, the After-Repair Value (ARV), and the type of chosen lender.
Compare offers from 100 different lenders
With Lendersa® AI technology, your loan application meets numerous construction lenders instantly, ensuring all financing needs are covered. Explore top construction rates for funding ground-up builds, fix-and-flip projects, or major renovations on residential and commercial properties in CT.
Reduce unnecessary inquiries to protect your credit score. Get preapproved for your land loan without sharing your social security number or sensitive financial information.
You might be eligible for 100% LTV financing if you agree to pledge additional property as collateral via a blanket loan.
Use the Lendersa® land loan calculator to find vacant land loan providers in the zip codes 06468, 06404, 06491.
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Construction Loans Guides
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NMLS 1795154
