Choose from and compare among 261 land loan lenders active in Shirley, NY.
The average cost of an acre of land in NY is $53,110. The loan-to-value (LTV) for undeveloped land ranges from 17.86% to 67.31%, while the estimated LTV for loans on already developed land in NY ranges between 37.28% and 76.42%.
The actual value and LTV of any land depend on its location, size, topography, zoning, and any entitlements in place.
Contact the leading land loan lender in Shirley, NY to learn about your land loan options and rates.
Compare loan offers from 100 lenders
Lendersa® uses AI technology to efficiently pair your loan request with numerous direct hard money lenders, fulfilling all your lending needs. Discover the best land loan rates today to finance any vacant land or land plus construction in NY.
To maintain your credit score, minimize unnecessary inquiries. You can preapprove yourself for a land loan without needing to provide your social security number or other sensitive information.
Construction and blanket loans are crucial elements of vacant land lending; you might qualify for 100% LTV financing by agreeing to use additional property as security (blanket loan).
Connecting with a private investor through a local hard money broker can significantly enhance your chances of securing a loan. In Shirley, NY, the most effective land loans are arranged by local lenders familiar with the area. Proximity between the investor and the property improves approval chances and speeds up the funding process.
Use the Lendersa® land loan calculator to find vacant land loan lenders within the zip codes 11967.
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NMLS 1795154
