Construction loans by with AI by private investors in Somers, CT

The Lendersa® list of construction loan lenders in Somers, CT offers a diverse array of financial resources, including regional banks, national lenders, and local hard money lenders that rely on private funding. These lenders are equipped to support both ground-up construction projects and major rehabilitation efforts, offering tailored solutions suited to various needs and project scopes, whether residential or commercial.

For a 2,000 square foot home in Somers, CT, the estimated construction costs range from $275,296 for basic builds to $497,219 for more elaborate designs. The interest rates and terms of the construction loans will vary, influenced by factors such as the borrower’s financial status, Loan-to-Value (LTV) ratios, After-Repair Value (ARV), and the lender selected. This variability highlights the importance of thorough financial assessment and strategic lender choice to ensure optimal financing conditions.

Compare and evaluate loan offers from a network of 100 lenders to find the best rates that suit your project’s financial requirements.

Discover the advantages of the construction loan calculator

Using AI technology, Lendersa® efficiently matches your loan request with numerous construction lenders, ensuring comprehensive coverage of your financing needs. Unlock competitive construction rates for projects including ground-up developments, fix-and-flip, or major rehabs across various residential and commercial properties in CT. This tool aids in making informed financial decisions, providing clear insights into available lending options.

Are you searching for construction loan lenders nearby?

Reducing unnecessary credit inquiries is crucial to protect your credit score. You can secure preapproval for your land loan without needing to disclose your social security number or any sensitive financial information.

If full project financing is desired, you might be eligible for 100% LTV financing by utilizing additional property as collateral with a blanket loan arrangement. This method can maximize your borrowing capacity by leveraging existing assets.

Utilize the Lendersa® land loan calculator to locate vacant land loan lenders in the indicated zip codes 06071, 06072, connecting you with important local financial resources for property acquisition and development efforts.




  • Southern Fidelity Mortgage Group of Huntsville
  • 3350 L and N Drive SW, Huntsville, AL, 35801
  • Southern Fidelity Mortgage Group was founded in 2006 by Huntsville native, Mark Kent. Since the beginning, we have focused on one goal: giving our customers the best, most competitive options when looking to purchase, build or refinance their home while providing the highest level of customer care and service.

  • First National Bank
  • 206 South First Street, Pulaski, TN, 38478
  • First National Bank of Pulaski is a Bank with operations in two states. First National Bank of Pulaski offers numerous mortgage programs including conventional, FHA, VA and construction mortgages As a community Bank with a commitment to help our neighbors, we promise you’ll enjoy convenience without getting lost in the shuffle.

  • First Community Bank of Hillsboro
  • 807 South Main Street, Hillsboro, IL, 62049
  • First Community Bank of Hillsboro was organized, chartered and opened in 1998 by a group of local investors who felt the need for a locally owned and operated bank. In March 2002, the former Bass Funeral Home, with all its beauty and local history, became the new home of First Community Bank of Hillsboro.

  • Bank of Hillsboro
  • 230 S Main St, Hillsboro, IL, 62049
  • Bank of Hillsboro, previously known as, National Bank, is headquartered in Hillsboro, Illinois with 11 branches serving South Central Illinois. Bank of Hillsboro is locally owned by and operated. We believe our local ownership provides valuable Insight into the needs of our communities.

  • Citizens First Bank
  • 1442 Lincoln Way, Clinton, IA, 52732
  • Chartered in 2000, Citizens First Bank plays an important role in community banking. Its products provide customers with effective, locally owned banking choices, e-solutions, and services expertise. Citizens First’s main office is located at 1442 Lincoln Way in Clinton, with branches also at 403 South Washington Boulevard in Camanche

  • Clinton National Bank
  • 235 6th Avenue South, Clinton, IA, 52732
  • Clinton National Bank has been helping people, businesses and our community since 1865. We are proud to offer the latest in banking products, along with providing great customer service.This is our Vision Statement :To be the bank of choice, dedicated to improving the financial well-being and quality of life for the people and communities we serve.

  • Prairie State Bank and Trust
  • 3751 W Wabash, Springfield, IL, 62711
  • Prairie State Bank & Trust is a community Bank with over $700 million in total assets, over 150 employees and 20 Bank locations throughout central Illinois. Prairie State Bank & Trust is the successor to a group of smaller community Banks acquired as early as 1968. We merged these Banks together over the past 20 years.

  • The Exchange Bank of Alabama
  • 230 N 3rd St, Gadsden, AL, 35901
  • Exchange Bank proudly serves as Etowah County’s community bank. Since 1909 we have been an active growing part of this community, committed to meeting the needs of the people. This commitment is as strong today as it was over a century ago when we opened our doors as First State Bank of Altoona.

  • Gadsden Mortgage
  • 230 N 3rd St, Suite C, Gadsden, AL, 35901
  • "adsden Mortgage Services has been helping residents of Etowah County and surrounding counties for over 50 years. Established in 1958, we are Gadsden’s oldest mortgage company. We are a wholly-owned subsidiary of Exchange Bank and proud to be part of the family. We offer a variety of loan products from construction loans"

  • ALABAMA TEACHERS CREDIT UNION
  • 702 Walnut Street, Gadsden, AL, 35901
  • Alabama Teachers Credit Union was organized in March 1959 with just two employees, and was located on the second floor of the Gadsden City Board of Education Building. Previously known as Etowah Teachers Credit Union, our original Select Employee Group (SEG) was only open to employees and family members of the Gadsden City
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