Construction Loans from Private Investors in Salem, CT

Lendersa® offers a selection of construction loan providers in Salem, CT. These include regional and national banks, along with local hard money lenders who use private funding for new construction projects and significant renovations.

In Salem, CT, construction costs for a 2,000 square foot home range from $274,504 for basic builds to $496,427 for more elaborate projects. Loan interest rates and terms differ based on the borrower's financial situation, the LTV and ARV, and the chosen lender's type.

Explore loan offers from a pool of 100 different lenders

Introducing the construction loan calculator

With Lendersa®'s innovative AI technology, your loan needs can be swiftly matched with hundreds of construction lenders, ensuring comprehensive financing solutions. Discover optimal construction loan rates for ground-up projects, fix-and-flip ventures, or significant renovations on residential and commercial properties in CT.

Locate construction loan lenders close by

Steer clear of unnecessary credit inquiries that may lower your score. Secure pre-approval for your land loan without sharing sensitive information, such as your social security number.

You can qualify for 100% Loan to Value (LTV) financing by offering additional property as collateral for a blanket loan.

Utilize Lendersa®'s land loan calculator to identify vacant land loan providers in the zip codes 6420.



Salem Construction Loan Lenders

  • Essex Savings Bank
  • 35 Plains Road, Essex, CT, 06426
  • Lends in Connecticut
  • Essex Savings Bank is a FDIC insured, state chartered, mutual savings bank established in 1851. The Bank serves the Connecticut River Valley and shoreline with six offices in Essex (2), Chester, Madison, Old Lyme and Old Saybrook providing a full complement of personal and business banking. Financial, estate, insurance

  • Corner Mortgage
  • 56 Plains Road, Essex, CT, 06426
  • Lends in Connecticut
  • "We encourage people to call with any questions they may have about the mortgage or home buying process. We gladly give free consultations and pre-qualifications. We believe it is very important for borrowers to understand the entire mortgage process.
    We are open Monday through Friday, and Saturday and Sunday by appointment."

  • Chelsea Groton Bank
  • 904 Poquonnock Road, Groton, CT, 06340
  • Lends in Connecticut
  • Chelsea Groton Bank is a mutually owned bank with 14 locations throughout New London County and a Loan Production Office in Hartford County. The Bank has over $1 billion in assets and serves businesses, individuals and families throughout Connecticut and Rhode Island. To learn more, please visit chelseagroton.com

  • Jewett City Savings Bank
  • 111 Main Street, Jewett City, CT, 06351
  • Lends in Connecticut
  • Jewett City Savings Bank is a community bank providing financial services to consumers & businesses in eastern Connecticut. The Bank currently operates 7 full-service offices along the I-395 corridor in Jewett City, Brooklyn, Dayville, Plainfield, Preston, Putnam & in Pawcatuck. Founded in 1873. Member of the Federal Deposit Insurance Corporation.

  • Northeast Financial LLC
  • 48 Meriden Rd, Suite 1, Middlefield, CT, 06455
  • Lends in Connecticut
  • "NorthEast Financial is Connecticut’s Premiere Correspondent Commercial Mortgage Lender and Residential Mortgage Broker. Because of this NorthEast Financial is able to offer the best of both worlds in the Mortgage Industry.

    At NorthEast Financial, we pride ourselves on being experts on all of the mortgage programs available to the public."

  • Guilford Savings Bank
  • PO Box 369, Guilford, CT, 06437
  • Lends in Connecticut
  • Guilford Savings Bank (GSB) has been serving the financial needs of individuals, families and businesses on the Connecticut shoreline for over 145 years. Founded in 1875 by local business owners, we have proudly stood as a trusted institution in the communities we serve. Starting with a seventeen thousand dollar investment

  • Right Trac Financial Group
  • 110 Main Street, Manchester, CT, 06042
  • Lends in Connecticut
  • "Our vision is to make sure that the American Dream lives on.

    That if you want to own a home you can because of our ability to obtain a mortgage which will improve your life.

    That if you are moving from one home to another you can because of our ability to obtain a mortgage which will improve your life."

  • Americay Mortgage Corporation
  • 154 Talcottville Road, Vernon Rockville, CT, 06066
  • Lends in Connecticut
  • At Americay Mortgage Corp, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options