Lendersa® offers a list of construction loan lenders in Wayne, MI, featuring regional banks, national lenders, and local hard money lenders. They use private funds for ground-up constructions and major rehabs.
In Wayne, MI, lenders calculate the costs for a 2,000 square foot home, ranging from $172,632 for basic builds to $316,555 for more upscale constructions. Interest rates and loan terms vary based on the borrower's financial details, LTV, ARV, and lender type selected.
Compare loan offers from 100 lenders
Using Lendersa®'s AI technology, your construction financing needs are met by instantly matching your requests with numerous lenders. Discover optimal construction rates for funding ground-up projects, fix and flips, or major renovations on residential and commercial properties in MI.
Avoid unnecessary inquiries to protect your credit score. Acquire preapproval for your land loan without providing your social security number or sensitive financial data.
You could potentially qualify for 100% LTV financing by using additional properties as collateral in a blanket loan agreement.
Utilize the Lendersa® land loan calculator to find vacant land loan lenders within zip codes 48184.
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Construction Loans Guides
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NMLS 1795154
