Mon - Fri 10:00 am - 7:30 pm / Sat Appointment Only

Lot & Land Loan Programs:

Loans for Residential & Commercial Lots

Portfolio

A finished lot gives the lender more comfort, as it is another step closer to being ready for a new home (the preferred form of collateral for most residential lenders).

WE NO LONGER OFFER THIS PROGRAM. PLEASE ACCEPT OUR APOLOGIES. 

Clear Lending offers land and lot mortgage loan programs of a minimum of $350,000 that might be right for you (we do not offer loans lower than $350,000).

Our land and lot mortgage loan programs allow borrowers to obtain financing to purchase land or lots for residential and/or commercial use.

While each loan is underwritten on a case-by-case basis land is financed up to 65% loan-to-value of the sales contract or appraised value whichever is lower and lots used for commercial use or residential other than primary occupancy reasons is 75%.

Lots with water and electricity connections and intended for a primary residence can be financed up to 90% loan-to-value of the sales contract or appraised value whichever is lower.

 

Don't wait any longer and find out how much you can get Pre-Approved for.

Whether you are considering purchasing land or a lot, Clear Lending can help you. Simply complete our secure and encrypted Pre-Approval Form online and we will contact you right away to review the best options for you.

Not all applicants will qualify. This advertisement is not an offer for an extension of credit. Please meet with a licensed loan originator for more information as programs are available only to qualified borrowers. Programs rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to underwriting guidelines and program guidelines and are subject to change without notice. Some restrictions may apply.

Customers Reviews:

  • Roberto & Irene • August 04, 2017

    I wanted to buy a second home, without having to sell my primary home in Florida. I had originally contracted another mortgage broker to help me secure a loan. I spent so much valuable time with this broker only for her to tell me that I could not obtain any financing unless I sold my house in Florida. I was so frustrated with the original broker that I decided to look online for another mortgage company. I found Clear Lending. OMG talk about professionalism, knowledgeable, and the dedication Joan from Clear Lending, and his staff that in 3 months I had a new home in Texas, without selling my home in Florida. The best part of this that under the Clear Lending umbrella I was able to get my mortgage and Real Estate agent under one roof.

  • Cody Sherrill • December 12, 2016

    Thanks Joan for you amazing work with our home loan. I still can’t believe I purchased a house for $174,000 and went to closing with $769 besides my $1000 earnest money deposit. I submitted an application online on 10/5/2016 after I read online about VA Programs Clear Lending offered. Next day Joan Gallardo called me and after his applications dept. completed an Pre-Approval, he told me from the start not to worry that he would be able to take care of me. And boy he did! He even negotiated on behalf of my agent with listing agent getting me a large seller contribution. This guy is very knowledgeable and I truly recommend him. Joan my wife and I cannot thank you enough all hard work you have done and no need to say I will refer you my friends. Actually I already sent you my boss. Take good care of Jorge! Thanks Joan.

  • Christian Perez • October 03, 2020

    Joan was great, very transparent, and got me almost a percent lower with less money out of pocket than what my builder's lender was offering! Highly recommend

Get Your Very Latest Rate Quote Now!

If CELL Phone number is not valid we will not email your Quote