Browse and compare options among 235 land loan lenders operating in Newark, OH.
In OH, the average cost for an acre of land is $24,587. For undeveloped land, the loan-to-value (LTV) ratio is between 16.33% and 49.96%, while for developed land in OHName, the estimated LTV might range between 36.05% and 75.12%.
The real worth and LTV of any land are determined by its location, size, topography, zoning, and any entitlements it possesses.
Learn about your land loan choices and current rates by getting in touch with the leading land loan provider in Newark, OH.
Explore loan offers from 100 lenders
To ensure all your hard money lending requirements are met, Lendersa® AI technology will quickly match your loan request with hundreds of direct hard money lenders. Today, you can discover the best land loan rates for funding any vacant land or land plus construction in OH.
Minimizing unnecessary inquiries can protect your credit score. Get pre-approved for your land loan without having to provide your social security number or any sensitive financial data.
Construction and blanket loans are integral to vacant land lending; you may be eligible for 100% LTV financing if you agree to use additional property as security (blanket loan).
Your chances of obtaining a loan significantly improve when you find a private investor through a local hard money broker. In Newark, OH, the most effective land loan arrangements are often secured with local lenders familiar with the neighborhood. Proximity between the investor and the property enhances loan approval prospects and accelerates the funding process.
Utilize the Lendersa® land loan calculator to find lenders offering vacant land loans in zip codes 43055, 43058, 43093.
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NMLS 1795154
