Explore and compare among 207 land loan lenders serving Coventry, RI.
The typical cost for an acre of land in RI is $47,863. The loan-to-value (LTV) for undeveloped land lies between 17.58% and 64.11%, while the estimated LTV for loans on developed land in RIName ranges from 37.05% to 76.18%.
The actual value and loan LTV of any land depend on factors like its location, size, topography, zoning regulations, and any existing entitlements.
Explore your land loan options and current rates by reaching out to the leading land loan provider in Coventry, RI.
Review loan offers from 100 different lenders
Lendersa® AI technology is designed to seamlessly match your loan request with hundreds of direct hard money lenders, addressing all your needs. Discover great land loan rates today to finance any vacant land or land with construction in RI.
Minimizing unnecessary inquiries will help preserve your credit score. Obtain preapproval for your land loan without needing to reveal your social security number or any sensitive financial details.
Construction loans and blanket loans are fundamental in vacant land lending; you could qualify for 100% LTV (Loan to Value) financing by pledging additional properties as collateral (blanket loan).
Finding a private investor through a local hard money broker significantly increases your chances of securing a loan. Land loans in Coventry, RI are best arranged by local lenders knowledgeable about the neighborhood. A shorter distance between the hard money investor and the property improves the likelihood of loan approval and accelerates the funding process.
Utilize the Lendersa® land loan calculator to locate vacant land loan lenders in zip codes 02816, 02827.
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NMLS 1795154
