Select and compare from 231 land loan lenders available in Farmington, MN.
The average cost for an acre of land in MN is $50,910. The LTV for undeveloped land ranges from 17.74% to 65.97%, while for developed land in MNName, the estimated LTV lies between 37.18% and 76.32%.
The true value and loan-to-value ratio of any land are determined by its location, size, topography, zoning, and any entitlements involved.
Discover your land loan options and rates by contacting the top land loan lender in Farmington, MN.
To meet all your hard money lending needs, Lendersa® AI technology swiftly aligns your loan request with hundreds of direct hard money lenders. Discover the best land loan rates today to finance any vacant land or land plus construction in MN.
Land loans and their value assessment
Reduce unnecessary inquiries to protect your credit score. Get pre-approved for your land loan without providing your social security number or any financial information.
Both construction loans and blanket loans are essential in vacant land financing. By pledging additional property as security (blanket loan), you might qualify for 100% LTV (Loan to Value) financing.
Hard money lending nearby?
Securing a private investor through a local hard money broker greatly boosts your chances of getting a loan. Land loans in Farmington, MN are best handled by local lenders familiar with the area. A close proximity between the investor and the property enhances approval chances and speeds up the funding process.
Utilize the Lendersa® land loan calculator to find vacant land loan lenders in zip codes 55024.
Creative, relationship-driven banking with responsive local decisions, Granite Community Bank is a full-service commercial bank serving individuals and businesses for loans, deposits, insurance and investments throughout Minnesota. Granite Bank to help you make the decisions that are right for you and your financial goals.
Unity Bank is a family owned community bank with offices in Minnesota, Montana, and Wisconsin. With 16 locations, $565 million in assets, and 165 employees, Unity Bank continues to be an integral member of the communities we serve and is committed to providing a full range of products to meet our customer’s financial needs.
Magnifi Financial is a member-owned financial services cooperative headquartered in Melrose, Minnesota. Magnifi offers a full array of financial products and services including consumer checking, savings, loans, mortgages, credit cards, internet and mobile banking, retirement and financial planning services as well as business accounts and loans.
Brainerd BN Credit Union was organized on November 25, 1940 as Brainerd NP Credit Union to serve the needs of the Northern Pacific Railway workers in central Minnesota. In 1970, after a merger changed the name of the local railway, Brainerd NP Credit Union changed its name to the name we use today, Brainerd BN Credit Union.
First Independent Bank provides personal care for each customer while having the expertise and resources of a large bank. With broad experience and the ability to work with more types of financing solutions than many competitors, First Independent Bank is a collaborative group of advocates for businesses and families in Minnesota.
RiverWood Bank is a network of community banks located in nine communities in Northern and Central Minnesota, including the cities of: Bagley, Baudette, Baxter, Benson, Bemidji, Big Lake, Crosslake, Monticello, and Morris. Our Mission is to Empowering employee-owners to exceed customer expectations.
Northwoods Credit Union has 2 offices in Cloquet, one in Floodwood and one in Moose Lake. We started out as Northwest Paper Company Employees Credit Union back in 1936 & we have grown to serve all those who live, work, worship, attend school, or volunteer in Carlton, Pine, or St Louis County! We offer big bank products with local, hometown service.
30 West Superior Street, Suite 126, Duluth, MN, 55802
Minnesota Power Employees Credit Union (MPECU) is a member-owned, not-for-profit financial cooperative, whose primary mission is serving our member/owners. Minnesota Power Employees Credit Union was founded in 1933. During our first 61 years, we only served the employees and family members of Minnesota Power.
North Shore Bank is a locally-owned and managed, independent, community bank that has been operating in the Duluth area for over 100 years. We proudly offer a full array of traditional personal and business banking products, mortgage services, and a full selection of trust & investment services all handled by our experienced and professional staff.
