Explore and compare options among 261 land loan lenders offering their services in Queens, NY.
In NY, the average land price per acre is $60,000. The loan-to-value (LTV) ratio for undeveloped land varies from 18.23% to 71.50%, while the estimated LTV for loans on developed land within NYName is between 37.57% and 76.74%.
The actual value and LTV of any piece of land are dependent on its location, dimensions, topography, zoning, and any existing entitlements.
To discover your land loan choices and rates, get in touch with the premier land loan lender in the State of Queens, NY.
Compare loan offers from 100 lenders
To address all your hard money lending requirements, Lendersa® AI technology promptly connects your loan request with hundreds of direct hard money lenders. Discover the top land loan rates today to finance any vacant land or land with construction in NY.
Reducing unnecessary inquiries can preserve your credit score. Obtain preapproval for your land loan without providing your social security number or any confidential financial details.
In vacant land lending, construction loans, and blanket loans are essential elements; you might qualify for 100% LTV financing when committing additional property as security (blanket loan).
By finding a private investor through a local hard money broker, your likelihood of securing a loan increases significantly. Land loans in Queens, NY are most effectively arranged by local lenders who are knowledgeable about the area. A close distance between the hard money investor and the property increases the chances of loan approval and accelerates the funding process.
Utilize the Lendersa® land loan calculator to locate vacant land loan lenders in zip codes 11361, 11362, 11363, 11364, 11354, 11355, 11356, 11357, 11358, 11359, 11360, 11365, 11366, 11367, 11412, 11423, 11432, 11433, 11434, 11435, 11436, 11101, 11102, 11103, 11104, 11105, 11106, 11374, 11375, 11379, 11385, 11691, 11692, 11693, 11694, 11695, 11697, 11004, 11005, 11411, 11413, 11422, 11426, 11427, 11428, 11429, 11414, 11415, 11416, 11417, 11418, 11419, 11420, 11421, 11368, 11369, 11370, 11372, 11373, 11377, 11378.
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NMLS 1795154
