Explore and compare among 251 land loan lenders offering services in Massapequa, NY.
The average cost for an acre of land in NY is $107,020. The loan-to-value (LTV) ratio for undeveloped land spans from 20.77% to 100.10%, while for fully developed land in NYName, the estimated LTV is between 39.59% and 78.88%.
The actual value and loan LTV of any property depend on its location, size, topography, zoning, and any existing entitlements on the land.
Discover your land loan options and rates by contacting the top land loan lender in Massapequa, NY.
Examine loan offers from 100 lenders
Lendersa® AI technology instantly connects your loan request with hundreds of direct hard money lenders to ensure all your lending needs are met. Discover the best land loan rates today to finance any vacant land or land plus construction in NY.
Avoiding unnecessary inquiries can help maintain your credit score. Obtain preapproval for your land loan without having to provide your social security number or any sensitive financial information.
Construction and blanket loans are essential in vacant land lending; you might qualify for 100% LTV financing by using additional property as collateral (blanket loan).
Finding a private investor through a local hard money broker can greatly enhance your chances of obtaining a loan. Land loans in Massapequa, NY are often best arranged by local lenders who are familiar with the community. Shorter distances between the hard money investor and the property enhance loan approval chances and speed up the funding process.
Utilize the Lendersa® land loan calculator to find vacant land loan lenders in zip codes 11758.
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NMLS 1795154
