Lenders using AI on vacant land in Somerville, MA 2025!
Explore and compare options among 227 land loan lenders in Somerville, MA.
In MA, the average price for an acre of land is $133,520. The loan-to-value (LTV) ratio for undeveloped land ranges from 22.20% to 116.22%. For developed land loans in MAName, the estimated LTV is anywhere between 40.72% and 80.09%.
The actual value and the LTV of loans on any parcel of land depend on its location, size, topography, zoning, and any entitlements it possesses.
Find out your land loan options and explore rates by contacting the leading land loan lender in Somerville, MA.
Lendersa® AI technology rapidly matches your loan request with hundreds of direct hard money lenders, ensuring all your lending needs are met. Discover the best land loan rates today to finance any type of vacant land or land along with construction in MA.
Evaluating Land Loans and Value
Unnecessary inquiries can lower your credit score, so avoid them. You can secure preapproval for your land loan without needing to share your social security number or any sensitive financial data.
Construction and blanket loans are integral to vacant land lending. You might qualify for 100% LTV (Loan to Value) financing by securing it with additional property (blanket loan).
Looking for Local Hard Money Lending?
Engaging with a private investor through a local hard money broker significantly boosts your chances of obtaining a loan. Local lenders in Somerville, MA, who are familiar with the area, are best suited to handle land loans. Proximity between the investor and the property enhances approval odds and expedites the funding process.
Utilize the Lendersa® land loan calculator to find vacant land loan lenders within zip codes 02144, 02145, 02143.
Webster Five is a $1 billion community bank with seven convenient branches, serving Central Massachusetts with offices in Auburn, Dudley, Oxford, Shrewsbury, Webster and Worcester. For over a century, the bank has developed a reputation for outstanding personal service, community support and fiscal strength.
BankFive, based in Fall River, Massachusetts, is the SouthCoast's premier independent community bank, and one of the top regional banks in the area. With 13 convenient banking locations in Swansea, Somerset, Fall River, Dartmouth, New Bedford, Fairhaven, and Bristol, RI, plus lending offices in Woburn, Wrentham, and Cranston, RI.
Fall River firemen gave birth to what is today the Fall River Municipal Credit Union. The beginning was humble to say the very least. It started with a Fall River firefighter, a state appointed finance board, and the impending threat of wholesale cuts in the pay of city employees
SCU is a locally run credit union focused on serving the residents and businesses of South Central MA and Northern CT. Our mission is to give our members the very best financial products and services available at outstanding rates and terms, with the lowest fees possible. Take a look at our checking accounts, mortgages, consumer loans
Athol Savings Bank is a mutual savings bank based in Athol, Massachusetts. Our goal is to be the financial foundation in our community; working harder, reaching higher and delivering strength, stability and security to our customers. As we move forward, Athol Savings Bank is committed to being “A Solutions Bank” for our customers.
We are a state-chartered 1.7 billion-dollar mutual savings bank with offices in central and western mass. We've gone above and beyond for our customers since 1850. We value respect, courtesy, and excellence in service above all. As a mutual bank, we answer our customers first, not to investors.
"Cape Cod 5 is a mutually-owned, independent state-chartered savings bank with $4.4 billion in assets, offering a broad range of products, tools and services to empower the financial lives of its customers.
We at Cape Cod 5 are committed to serving our customers with the highest level of ethics as their trusted financial partner"
Our commitment to sound banking, combined with our promise to provide the best service available, has made us one of the fastest growing banks in our area.
Florence Bank remains committed to serving the community as a local bank. The bank is depositor owned and its Directors and Corporators are all actively involved in the local community.
TLOA Mortgage is an asset-based private lending company offering competitive rates, fast underwriting, and reliable access to capital. We specialize in private mortgage solutions tailored to meet your needs, with a focus on speed and expertise. Backed by years of industry experience, our expert team is committed to making private mortgage lending e
