Choose and compare from 250 land loan lenders providing services in New-York, NY.
In NY, the average cost of one acre of land is $121,142. The LTV for undeveloped land spans from 21.53% to 108.69%, while the expected LTV for loans on developed land in NYName ranges between 40.19% and 79.52%.
The true value and loan-to-value ratio of land are influenced by its location, dimensions, topography, zoning, and any prior entitlements.
Discover your land loan options and rates by reaching out to the leading land loan lender in New-York, NY.
Compare loan offers from 100 lenders
To fulfill all your hard money lending requirements, Lendersa® AI technology swiftly matches your loan request with hundreds of direct hard money lenders. Discover the most competitive land loan rates today to finance any vacant land or land with construction in NY.
Avoiding unnecessary inquiries is a measure to protect your credit score. Obtain pre-approval for your land loan without revealing your social security number or any sensitive financial details.
Construction loans and blanket loans are integral to vacant land lending. You may qualify for 100% LTV financing by pledging additional property as security (blanket loan).
When you find a private lender through a local hard money broker, your chances of securing a loan increase significantly. Land loans in New-York, NY are best arranged by local lenders who know the area well. Proximity between the hard money investor and the property improves the likelihood of loan approval and expedites the funding process.
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NMLS 1795154
