Browse and compare among 261 land loan lenders available in Plainview, NY.
The average price for an acre of land in NY is $118,627. For undeveloped land, the loan-to-value (LTV) ratio ranges from 21.39% to 107.16%. For already developed land in NYName, the estimated LTV is anywhere between 40.08% and 79.41%.
The actual value and loan LTV of any piece of land depend on factors like its location, size, topography, zoning, and any entitlements in place.
Find out about your land loan options and rates by getting in touch with the best land loan lender in Plainview, NY.
Browse loan offers from 100 lenders
Lendersa® AI technology aims to fulfill all your hard money lending requirements by instantly pairing your loan request with hundreds of direct hard money lenders. Discover today's best land loan rates to fund any kind of vacant land or land with construction in NY.
Avoiding unnecessary inquiries will help preserve your credit score. Obtain preapproval for your land loan without the need to disclose your social security number or any sensitive financial details.
Construction loans and blanket loans are essential components of vacant land lending; you may qualify for 100% LTV financing if you agree to use additional property as collateral (blanket loan).
Securing a private investor through a local hard money broker can significantly enhance your ability to obtain a loan. In Plainview, NY, arranging land loans is often best conducted by local lenders familiar with the neighborhood. A short distance between the hard money investor and the property increases loan approval odds and accelerates the funding process.
Utilize the Lendersa® land loan calculator to identify vacant land loan lenders in zip codes 11803.
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NMLS 1795154
