The Lendersa® list of construction loan lenders in Niantic, CT encompasses regional banks, renowned national lenders, and local hard money lenders that rely on private money for projects involving ground-up construction or significant rehabilitation work.
In assessing construction costs in Niantic, CT for a 2,000 Sf home, lenders estimate expenses ranging from $274,339 for basic construction up to $496,262 for more luxurious builds. The interest rates and terms of these construction loans can vary according to factors such as the borrower’s financial situation, the LTV, ARV, and the type of lender chosen.
Compare loan offers from 100 different lenders
Lendersa® makes use of AI technology to efficiently match your loan request with hundreds of construction lenders. This service helps ensure that all your construction financing needs are met, allowing you to find the most competitive construction rates for projects such as new builds, fix-and-flip ventures, or extensive rehab on both residential and commercial properties within CT.
To protect your credit score, keep inquiries to a minimum. You can prequalify for your land loan without needing to submit your social security number or any other sensitive information.
If you agree to pledge additional property as security through a blanket loan, you might qualify for 100% LTV (Loan to Value) financing.
Utilize the Lendersa® land loan calculator to locate vacant land loan lenders in zip codes 6357.
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Construction Loans Guides
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NMLS 1795154
