Select from 222 lenders providing land loans in New-Milford, CT, and compare your options.
In CT, an acre's average cost is $60,268. The Loan-to-Value (LTV) ratio for undeveloped land spans from 18.25% to 71.66%, while for developed land in CTName, it varies between 37.58% and 76.75%.
The land's value and its loan LTV are influenced by factors such as location, size, topography, zoning, and any completed entitlements.
To explore your land loan options and discover current rates, reach out to a leading land loan lender in New-Milford, CT.
Explore loan offers from 100 lenders
To cater to your hard money lending needs, Lendersa®'s AI technology swiftly connects your loan application with numerous direct hard money lenders. Uncover optimal land loan rates now to finance any type of vacant land or land plus construction in CT.
Minimizing unnecessary inquiries can protect your credit score. Obtain preapproval for your land loan without providing your social security number or other sensitive financial details.
Vacant land lending often includes construction loans and blanket loans, with the possibility of securing 100% LTV financing if you agree to pledge additional property as security (blanket loan).
Finding a private investor through a local hard money broker significantly boosts your chances of securing a loan. Local lenders familiar with the area are often best suited for arranging land loans in New-Milford, CT. Proximity between the hard money investor and the property often improves loan approval prospects and speeds up funding.
Utilize the Lendersa® land loan calculator to identify vacant land loan lenders within zip codes 06776, 06755.
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NMLS 1795154
