Browse and contrast options from among 253 land loan lenders available in Batavia, IL.
The average land price per acre in IL is $60,883. For undeveloped land, the LTV is between 18.28% and 72.03%, while the expected LTV for a loan on developed land in IL varies from 37.61% to 76.78%.
The real value and LTV for land loans are influenced by factors such as its location, size, topography, zoning, and any developed entitlements.
Discover your land loan options and rates by consulting the leading land loan lender in Batavia, IL.
Review loan offers from 100 lenders
Lendersa®'s AI technology will connect your loan request with numerous direct hard money lenders to meet all your lending requirements. Discover today's optimal land loan rates to finance either vacant land or land with construction in IL.
By avoiding unnecessary inquiries, your credit score remains unaffected. Secure preapproval for your land loan without needing your social security number or any sensitive financial details.
Blanket and construction loans are fundamental in vacant land lending. You could access 100% LTV financing by pledging additional property as security (blanket loan).
Securing a private investor through a local hard money broker significantly boosts your chances of obtaining a loan. Managing land loans in Batavia, IL is ideally done by local lenders knowledgeable about the area. Proximity between the hard money lender and the property enhances approval prospects and expedites the funding process.
Utilize Lendersa®'s land loan calculator to identify vacant land loan lenders in the zip codes 60539, 60510.
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NMLS 1795154
