Vacant Land lenders in Eastpointe, Michigan [2025with AI]

In MI, the average cost for an acre of land is $15,337. The loan-to-value (LTV) for undeveloped land ranges from 15.83% to 44.33%, while the estimated LTV for loans on developed land in MIName is anywhere between 35.66% and 74.70%.

The real value and LTV of a land parcel depend on factors like its location, size, topography, zoning, and any existing entitlements.

Learn about your land loan options and available rates by contacting the leading land loan lender in Eastpointe, MI.

The innovative land loan calculator

To fulfill all your hard money lending requirements, Lendersa® AI technology will instantly align your loan request with hundreds of direct hard money lenders. Discover the best land loan rates today to finance any kind of vacant land or land plus construction in MI.

Understanding land loans and valuing land

Avoid unnecessary inquiries as they can adversely affect your credit score. Obtain preapproval for your land loan without needing to provide your social security number or any sensitive financial information.

Construction loans and blanket loans are integral to vacant land lending; you might qualify for 100% LTV (Loan-to-Value) financing if you pledge additional property as security, known as a blanket loan.

Is there hard money lending nearby?

Engaging a private investor through a local hard money broker significantly improves your loan approval chances; Land loans in Eastpointe, MI are best arranged by local lenders familiar with the area. Proximity between the hard money investor and the property enhances the approval odds and expedites the funding process.

Utilize the Lendersa® land loan calculator to locate vacant land loan lenders in zip codes 48021.

(989) 733-8557 Lender's profile and map Reviews Awakon Federal Credit Union 20855 Washington Ave., Onaway, MI, 49765 Awakon Federal Credit Union is a not-for-profit financial cooperative providing the best service to our most important assets – our members. Awakon Federal Credit Union believes that access to low-cost financial services is critical to the health and stability of ordinary citizens.
(231) 946-6655 Lender's profile and map Reviews Traverse Catholic Federal Credit Union 3797 Veterans Drive, Traverse City, MI, 49684 Traverse Catholic Federal Credit Union begins in 1950, when a group of employees at Parts Manufacturing Company in Traverse City, received a federal charter to form a credit union for their company. One employee, Lawrence Weber, and his wife, Ann, willingly took on the large responsibility of running the credit union out of their own home.
(877) 325-8031 Lender's profile and map Reviews Honor Bank 2254 Henry St, Honor, MI, 49640 Honor Bank isn’t the biggest bank in Traverse City & we like it that way. It means our bank accounts, mortgages, business loans & more are shaped by you. It means that since 1917, we’ve grown with the region, offering products like debit-card cash back & ATM refunds. The principles of our Honor Code are not open to negotiation.
(231) 352-9691 Lender's profile and map Reviews State Savings Bank MI 703 Main Street, Frankfort, MI, 49635 Since 1901, State Savings Bank has been caring for the financial needs of our neighbors in northwest Michigan. Because our roots run deep here, we can better serve you—whether you're buying a home, running a business, investing for your future, or just looking for a friendly place to bank.
(231) 627-7111 Lender's profile and map Reviews Citizens National Bank 303 N. Main St, Cheboygan, MI, 49721 Citizens National Bank is the largest community bank in Northern Michigan. The Bank was established on January 24, 1931 and has been operating under the same name and at the same location in Cheboygan ever since. The Bank has 8 full-service branches located in Cheboygan, Emmet and Presque Isle counties.
4137290071 Lender's profile and map Reviews Blue Giant Finance LLC 1629 N LINDER AVE, Chicago, IL, 60639 Blue Giant Finance LLC is a private base lending company. Established in 2022, we provide short-term fix & flip financing and long-term rental financing for real estate investors. Blue Giant Finance Llc wants to connect with investors, business individuals, and real estate agents who can benefit from our funding.
(906) 635-6250 Lender's profile and map Reviews Central Savings Bank 511 Bingham Ave, Sault Sainte Marie, MI, 49783 Central Savings Bank has 9 locations with over 60 employees and more than $400 million in assets. The Bank is very involved in the communities it serves with organizations like United Way of the EUP, War Memorial Hospital’s Road to Recovery, Relay For Life of the EUP, the schools near its branches and many other local causes annually.
(630) 554-8899 Lender's profile and map Reviews Allied First Bank SB 3201 Orchard Road, Oswego, IL, 60543 Allied First Bank is Oswego's only true community bank. We're Your Hi-Tech Hometown Assist with a full range of consumer, commercial, and mortgage products and banking services. The bank is a centerpiece of the community with its creation and sponsorship of the Oswego CrossTown Challenge.