Review and choose among 225 land loan providers operating in Bangor, ME.
The average cost for an acre of land in ME is $30,770. The LTV for undeveloped land ranges from 16.66% to 53.72%, whereas for developed land in MEName, the LTV is estimated between 36.32% and 75.40%.
The real value and loan LTV of any piece of land are influenced by its location, size, topography, zoning, and any entitlements.
Discover your land loan options and rates by connecting with the top land loan lender in Bangor, ME.
Compare loan offers from 100 lenders
To meet all your hard money lending needs, Lendersa® employs AI technology to instantly match your loan request with numerous direct hard money lenders. Discover the best land loan rates today to fund any vacant land or land plus construction project in ME.
Avoid unnecessary inquiries to protect your credit score. Get preapproved for a land loan without the requirement of your social security number or sensitive financial data.
Construction loans and blanket loans are crucial components of vacant land lending; you may qualify for 100% LTV financing by pledging additional property as security (blanket loan).
Finding a private investor through a local hard money broker greatly benefits your chances of obtaining a loan. Land loans in Bangor, ME can be best arranged by local lenders who know the neighborhood well. Proximity between the hard money investor and the property significantly boosts loan approval chances and speeds up the funding process.
Utilize the Lendersa® land loan calculator to locate vacant land loan lenders in zip codes 04401, 04402.
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NMLS 1795154
