2026 Construction Loans in Detroit-Lakes, Minnesota

In Detroit-Lakes, MN, Lendersa® provides a list of construction loan providers, including regional banks, national lenders, and local hard money lenders who use private funds for ground-up projects or major rehabs.

The cost to construct a 2,000-square-foot home in Detroit-Lakes, MN, is calculated by lenders, with prices starting at $188,429 for basic builds and reaching $344,598 for upscale constructions. Variations in interest rates and construction loan terms are driven by factors like borrower financials, Loan-to-Value (LTV), After Repair Value (ARV), and the type of lender chosen.

Optimized Construction Loan Calculator

To meet all your construction financing requirements, Lendersa®'s AI technology efficiently pairs your loan inquiry with numerous construction lenders. Explore top construction rates suitable for initiating new builds, fix and flips, or significant renovations on properties in MN.

Nearby Construction Loan Providers

Lowering unnecessary inquiries can protect your credit score. Get preapproved for a land loan without revealing your social security number or sensitive financial details.

There is a possibility of acquiring 100% LTV financing if you agree to use additional real estate as security, known as a blanket loan.

Access the Lendersa® land loan calculator to find lenders for vacant land loans in the zip codes 56501.

Detroit-Lakes Construction Loan Lenders
(218) 983-3241 Lender's profile and map Community Development Bank 516 Main Street, Ogema, MN, 56569 Lends in Minnesota Community Development Bank was founded in 1906 and purchased by three non-profit Community Development Corporations in 2001. A for-profit financial institution owned by non-profit Community Development Corporations is very unique and brings significant economic development resources to the communities we serve
(218) 385-2300 Lender's profile and map Farmers & Merchants State Bank of New York Mills, Incorporated 11 Walker Avenue North Otter Tail, New York Mills, MN, 56567 Lends in Minnesota Farmers & Merchants State Bank is a local bank serving our community’s financial needs with quality products and services. We are committed to exceeding our customers’ expectations with our friendly and professional staff. As a local, independent bank, we do not offer risky products and we pride ourselves on knowing our customers
(218) 483-3361 Lender's profile and map Valley Premier Bank 416 Sixth Street, Hawley, MN, 56549 Lends in Minnesota Valley Premier Bank continues to be locally owned and operated by the same people in the same locations. Both offices offer traditional bank products, which include commercial, real estate and consumer loans, checking and savings accounts, certificates of deposit, safe deposit boxes
(218) 732-7221 Lender's profile and map Northwoods Bank of Minnesota 1200 East First Street, Park Rapids, MN, 56470 Lends in Minnesota Northwoods Bank of Minnesota has an interesting history. Chartered over a century ago in the small town of Dorset MN, the bank successfully navigated through the depths of the depression, the expansion years of the 1980’s and 1990’s, a charter re-location and name change, and most recently, the “great recession”.
(218) 732-3393 Lender's profile and map The Citizens National Bank of Park Rapids 300 1st Street West, Park Rapids, MN, 56470 Lends in Minnesota On January 1, 1933, a group of dedicated community leaders began providing full service banking to the Park Rapids area when the doors were opened at the Citizens National Bank of Park Rapids. One of those involved in that achievement was Harold Bishop of Bishop's Department Store.
(218) 631-1414 Lender's profile and map Mid Central Federal Savings Bank 520 South Jefferson St, Wadena, MN, 56482 Lends in Minnesota Mid-Central National Bank has been a partner in this area’s progress since 1957. We have helped consumers and businesses alike to prosper for over 50 years by providing superior services to our customers. Our staff of experienced professionals will respond to your financial needs in a timely and effective manner.
(218) 938-4144 Lender's profile and map Ultima Bank 9 West Minnesota Avenue, Winger, MN, 56592 Lends in Minnesota Ultima Bank Minnesota originated as Farmers State Bank of Winger and was founded in 1904 in Winger, Minnesota, a small farming community in the northwest corner of the state. As typical of such communities, Winger's population peaked in the 1940's and then began to drop from about 400 to a little over 200 people today.
(218) 784-2222 Lender's profile and map Mid Minnesota Federal Credit Union 104 3rd Ave W, Ada, MN, 56510 Lends in Minnesota Mid Minnesota Federal Credit Union serves all of Cass, Crow Wing, Douglas, Morrison, Norman, Otter Tail, Todd, and Wadena Counties. If you live, work, worship, or attend school in any of these geographic regions, or are a relative of someone who live, works, worships, or attends school in these areas, you are eligible for membership.