Explore and compare among 226 land loan lenders available in Sanford, ME.
The average cost per acre of land in ME is $36,750. For undeveloped land, the Loan-To-Value (LTV) ratio varies from 16.98% to 57.35%, and for already developed land in MEName, the estimated LTV ranges from 36.58% to 75.68%.
The actual value and the LTV of a loan for any land depend on factors such as location, size, topography, zoning, and entitlements.
Investigate your land loan opportunities and rates by contacting the foremost land loan lender in Sanford, ME.
Compare offers from 100 lenders
To meet all your hard money lending needs, Lendersa® uses AI technology to promptly match your loan request with a host of direct hard money lenders. Discover the most competitive land loan rates today for funding any type of vacant land or land with construction in ME.
Avoiding unnecessary inquiries can help maintain your credit score. Get preapproved for a land loan without needing to submit your social security number or any sensitive financial data.
Within vacant land lending, construction loans and blanket loans are essential. You might qualify for 100% LTV financing if you are willing to pledge additional property as security (blanket loan).
Securing a private investor through a local hard money broker greatly enhances your chances of obtaining a loan. Land loans in Sanford, ME can be most effectively arranged by local lenders knowledgeable about the neighborhood. Close proximity between the hard money investor and the property improves loan approval chances and expedites the funding process.
Utilize the Lendersa® land loan calculator to find vacant land loan lenders across zip codes 04073, 04083.
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NMLS 1795154
