Explore the options and compare among 362 land loan lenders operating in Odessa, TX.
The average cost for an acre of land in TX is $29,120. The loan-to-value (LTV) ratio for undeveloped land ranges from 16.57% to 52.71%, while for developed land, the estimated LTV falls between 36.25% and 75.33%.
The real value and LTV of any land are influenced by its location, size, topography, zoning laws, and any entitlements on the land.
To find out about your land loan options and rates, contact a top land loan lender in Odessa, TX.
Compare offers from 100 lenders
Utilizing Lendersa® AI technology, your loan request is swiftly matched with hundreds of direct hard money lenders to meet all your needs. Discover the best land loan rates today to fund any vacant land or land plus construction projects in TX.
To protect your credit score, avoid unnecessary inquiries. Obtain preapproval for your land loan without needing your social security number or other sensitive financial information.
Construction loans and blanket loans are integral to vacant land lending. You might qualify for 100% LTV (loan-to-value) financing by securing additional property as collateral (blanket loan).
Working with a private investor through a local hard money broker can greatly improve your chances of getting a loan. Land loans in Odessa, TX are best arranged by local lenders who know the area well. A shorter distance between the hard money investor and the property generally increases approval chances and speeds up the funding process.
Use the Lendersa® land loan calculator to find vacant land loan providers within the zip codes 79761, 79762, 79763, 79765, 79768, 79769.
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NMLS 1795154
