Complete List of Vacant Land Lenders for Sterling, IL with AI help!
Explore and compare among 253 land loan lenders servicing Sterling, IL.
The average cost per acre in IL is $17,768. The Loan-to-Value (LTV) ratio for undeveloped land ranges between 15.96% and 45.81%, while for fully developed land in IL, the LTV is estimated to be between 35.76% and 74.81%.
The true value and loan LTV of land are influenced by its location, size, topographical features, zoning laws, and any existing entitlements.
Discover your land loan options and rates by contacting the best land loan provider in Sterling, IL.
To address all your hard money lending needs efficiently, Lendersa® AI technology rapidly matches your loan request with numerous direct hard money lenders. Discover the most competitive land loan rates today to finance any kind of vacant land or combined land-and-construction projects in IL.
Land Loans and Value
Avoid unnecessary inquiries to maintain your credit score. You can be preapproved for your land loan without disclosing your social security number or any sensitive financial data.
In the realm of vacant land lending, construction and blanket loans are crucial. You might qualify for full 100% LTV financing by using additional property as collateral under a blanket loan.
Local Hard Money Lending
Collaborating with a local hard money broker to find a private investor can greatly enhance your chances of securing a loan. Land loans in Sterling, IL are best arranged by local lenders familiar with the community. The proximity between the hard money investor and the property significantly boosts loan approval prospects and speeds up the funding process.
Utilize the Lendersa® land loan calculator to identify vacant land loan lenders operating within ZIP codes 61081.
Prairie State Bank & Trust is a community Bank with over $700 million in total assets, over 150 employees and 20 Bank locations throughout central Illinois. Prairie State Bank & Trust is the successor to a group of smaller community Banks acquired as early as 1968. We merged these Banks together over the past 20 years.
On January 10, 1903, Theodore S. Chapman, Frederick Jacobs, Joseph R. Fulkerson, and Allen M. Slaten were granted permission to organize a bank to be known as the Jersey State Bank with capital stock of $25, 000.On January 28, 1903 Jersey State Bank opened its door for business at 123 West Pearl Street in Jerseyville
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of September 30, 2021, the Company had total assets of approximately $7.09 billion, and its Wealth Management Group had assets under administration of approximately $4.06 billion.
We are a community bank, with community values. Our employees are your friends and neighbors, which is why we are so passionate about helping our customers and the communities we serve. Live for Today. Bank for Tomorrow. We’ve served the people of Illinois for over 100 years. Now, the good people of Edwardsville are also in those ranks!
At Lankford Capital, we provide customized lending solutions and debt advisory services to real estate investors and developers at every stage of their journey. Specializing in direct lending for 1-4 unit, non-owner-occupied residential properties with loan amounts from $100,000 to $5 million, we empower investors with the capital needed to scale t
The Bank of O’Fallon has been proudly serving the needs of O’Fallon, Shiloh and the surrounding areas since 1959. It stands as one of the oldest businesses in O’Fallon and is committed to the future of the metro east as the area continues to grow. Please stop in today or give us a call to see what we can do for you.
Nathan Capital Group offers primarily bridge loans & ground up construction financing secured by commercial properties and development projects nationwide. Including Canada & UK. We are dedicated to providing the best transaction process, with a focus on dependability, customer service, and integrity.
Northpointe Bank deposits, nationwide mortgage purchasing program, and community bank fulfillment services. Our residential origination locations span the nation due to our ability to lend in all 50 states. As we continue to grow, we are proud to be recognized throughout the industry for our exceptional financial performance.
Since 1906, our bank has been serving Jefferson County, Illinois. From 1906 to 2008, we operated as First National Bank which was originally chartered in Woodlawn, IL. We are proud to have been the only national bank to survive the Depression in Jefferson County, and we’re proud of our history of service to Jefferson County.
As a “Strategic Mortgage Consultant”… Steve will explain all the options so you understand what is available. He will make sure you’re in the right product, the right MI and closing cost scenario that will meet your short & long term financial goals. If you’re a VETERAN… there is nobody that can match his knowledge or passion to help you get.
Chester National Bank is located approximately 60 miles south of St. Louis, Missouri on the Mississippi River with its Main Office located in Chester, Illinois, "The Home of Popeye". Originally organized in 1919, Chester National Bank conducts business from the main office in Chester, IL with two full service offices.