Explore and compare among 242 land loan lenders offering services in Sumter, SC.
The average price of an acre in SC stands at $26,370. The LTV (Loan-to-Value) ratio for undeveloped land ranges from 16.42% to 51.04%, whereas for already developed land in SCName, the estimated LTV is from 36.13% to 75.20%.
The actual value and loan LTV of any land are affected by its location, size, topography, zoning, and any entitlements that apply to it.
Explore your land loan options and rates by contacting the best land loan provider in Sumter, SC.
Assess loan offers from 100 lenders
To meet all your hard money lending needs, Lendersa® AI technology swiftly aligns your loan request with hundreds of direct lenders. Discover the best land loan rates today to fund any type of vacant land or land plus construction in SC.
Avoiding unnecessary inquiries is key to maintaining your credit score. Preapproval for your land loan can be obtained without the need to provide your social security number or sensitive financial information.
Construction and blanket loans are integral within vacant land lending; you might qualify for 100% LTV (Loan to Value) financing when you offer additional property as collateral (blanket loan).
When you find a private investor through a local hard money broker, your chance of securing a loan improves significantly. Land loans in Sumter, SC are best arranged by local lenders familiar with the area. Proximity between the investor and the property can enhance approval likelihoods and expedite the funding process.
Utilize the Lendersa® land loan calculator to find vacant land loan providers in zip codes 29154, 29152, 29153, 29150, 29151.
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NMLS 1795154
