Select and compare from 224 land loan lenders available in Albuquerque, NM.
The average cost for an acre of land in NM is $39,608. The loan-to-value (LTV) for undeveloped land varies between 17.13% and 59.09%, while the estimated LTV for developed land loans in NMName ranges from 36.70% to 75.81%.
The true value and LTV of any land depend on its location, size, topography, zoning, and any entitlements that apply to the land.
Find your land loan options and rates by getting in touch with the leading land loan lender in Albuquerque, NM.
Compare loan offers from 100 lenders
Lendersa® AI technology is designed to satisfy all your hard money lending needs by quickly matching your loan request with a wide range of direct hard money lenders. You can discover the best land loan rates today for financing any vacant land or combination of land and construction in NM.
By avoiding unnecessary inquiries, you can better protect your credit score. Obtain a preapproval for your land loan without needing to provide your social security number or other sensitive financial information.
Construction loans and blanket loans are key components of vacant land lending. You might be eligible for up to 100% LTV financing by pledging additional property as security (blanket loan).
Your chance of securing a loan increases significantly when you find a private investor through a nearby hard money broker. In Albuquerque, NM, local lenders familiar with the neighborhood may offer the best arrangement for land loans. Proximity between the hard money investor and the property improves approval odds and speeds up the funding process.
Employ the Lendersa® land loan calculator to find vacant land loan providers in the zip codes 87121, 87120, 87123, 87112, 87113, 87110, 87111, 87116, 87114, 87109, 87108, 87102, 87105, 87104, 87107, 87106, 87103, 87119, 87125, 87131, 87153, 87154, 87158, 87181, 87184, 87187, 87190, 87191, 87192, 87194, 87196, 87197, 87198, 87199.
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NMLS 1795154
