Choose from and compare 251 land loan lenders servicing Ossining, NY.
In NY, the average cost per acre of land is $86,702. The loan-to-value (LTV) ratio for undeveloped land is between 19.67% and 87.74%, while for developed land, it typically ranges from 38.72% to 77.95%.
The actual value and LTV of a piece of land are influenced by factors such as its location, size, topography, zoning, and any entitlements present.
Contact the top land loan lender in Ossining, NY to explore your options and find the best land loan rates available.
Compare loan offers from 100 lenders
Leveraging AI technology, Lendersa® promptly connects your loan request with hundreds of direct hard money lenders to meet all your lending needs. Discover the best land loan rates today for any vacant land or land plus construction in NY.
To safeguard your credit score, avoid unnecessary inquiries. Obtain preapproval for your land loan without needing to provide your social security number or other sensitive financial data.
In vacant land lending, construction loans and blanket loans are crucial; you may qualify for 100% LTV financing by using additional property as collateral (blanket loan).
Engaging with a private investor through a local hard money broker can significantly enhance your chances of securing a loan. Land loans in Ossining, NY are most effectively arranged by local lenders familiar with the area. Proximity between the hard money investor and the property boosts approval chances and expedites the funding process.
Leverage the Lendersa® land loan calculator to find vacant land loan lenders within the zip codes 10510, 10562, 10545.
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NMLS 1795154
