In Tewksbury, MA, the Lendersa® directory offers a compilation of construction loan lenders. Within this list, you'll find regional banks, national financial institutions, and local hard money lenders deploying private funds for new constructions and major rehabilitations.
For a 2,000 square foot home in Tewksbury, MA, lenders project construction costs ranging from $280,062 for basic builds to $505,247 for more elaborate projects. The terms and interest rates of construction loans vary based on the borrower's financial situation, along with LTV, ARV, and the chosen type of lender.
Evaluate loan proposals from 100 lenders
Lendersa® utilizes advanced AI technology to quickly align your construction loan request with numerous potential lenders, ensuring all your financial needs can be addressed. You can identify optimal construction rates to back both new constructions and significant rehabs on residential or commercial properties within MA.
To protect your credit score, refrain from unnecessary credit inquiries. You can prequalify for a land loan without submitting your social security number or any sensitive personal information.
Should you be willing to provide additional property as collateral (blanket loan), you might be eligible for 100% LTV (Loan to Value) financing.
Try the Lendersa® land loan calculator to locate vacant land loan lenders in the zip codes 1876.
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Construction Loans Guides
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NMLS 1795154
