Explore and evaluate among 373 land loan lenders operating in Allen, TX.
In TX, the median cost for an acre of land stands at $61,285. The LTV for undeveloped land typically ranges from 18.30% to 72.28%, while for land that's already developed, the LTV falls between 37.63% and 76.79% in TXName.
The precise land value and loan-to-value ratio are determined by factors such as its location, size, topography, zoning laws, and any entitlements associated with the property.
Find your land loan options and current rates by reaching out to the leading land loan lender in Allen, TX.
Compare loan offers from 100 lenders
To fulfill all your hard money lending requirements, Lendersa® AI technology will promptly align your loan request with numerous direct hard money lenders. Discover the most competitive land loan rates today for vacant land or land plus construction in TX.
Steering clear of unnecessary inquiries will help maintain your credit score. Obtain preapproval for your land loan without needing to provide your social security number or any other sensitive financial data.
Both construction loans and blanket loans are integral to vacant land lending; you might be eligible for 100% LTV (Loan to Value) financing if you agree to use additional property as collateral (blanket loan).
Identifying a private investor through a local hard money broker significantly increases your chances of obtaining a loan. Local lenders familiar with Allen, TX are optimal for arranging land loans. Close proximity between the investor and the property enhances loan approval chances and accelerates the funding process.
Utilize the Lendersa® land loan calculator to locate vacant land loan lenders within zip codes 75002, 75013.
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NMLS 1795154
