Choose from and compare among 253 land loan lenders operating in Norfolk, VA.
The average cost for one acre of land in VA is $41,282. The LTV for undeveloped land ranges from 17.22% to 60.11%, whereas the estimated LTV for loans on developed land in VAName falls between 36.77% and 75.88%.
The value and loan-to-value ratio of any piece of land are influenced by factors like its location, size, topography, zoning, and any completed entitlements.
Discover your land loan choices and available rates by reaching out to the top land loan lender in Norfolk, VA.
Compare loan offers from 100 lenders
To meet all your hard money lending needs, Lendersa® AI technology will quickly pair your loan request with hundreds of direct hard money lenders. Discover the best land loan rates today to fund any type of vacant land or land with construction in VA.
Minimizing unnecessary inquiries helps preserve your credit score. Get preapproved for a land loan without revealing your social security number or other sensitive financial details.
Construction loans and blanket loans are fundamental to financing vacant land; you could qualify for comprehensive 100% LTV (Loan to Value) financing if additional property is pledged as security (blanket loan).
Securing a private investor via a local hard money broker greatly enhances your chances of obtaining a loan; land loans in Norfolk, VA are most effectively arranged by local lenders who are familiar with the neighborhood. The shorter the distance between the investor and the property, the higher the likelihood of loan approval and quicker funding.
Use the Lendersa® land loan calculator to identify lenders for vacant land loans within zip codes 23509, 23508, 23507, 23504, 23503, 23502, 23505, 23518, 23510, 23513, 23517, 23551, 23523, 23511, 23501, 23506, 23514, 23515, 23519, 23529, 23541.
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NMLS 1795154
