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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:

  • Nicole Elizabeth • June 05, 2015

    Joan was amazing! After being let down by Chase mortgage company, Joan and his team picked up the pieces and helped me out tremendously! I would recommend going through him for loans instead of a big commercial bank. No matter what time of day; he would answer any questions or reached out to me about any concerns. He is with you and the realtor every step of the way to help get you a home. Very passionate about helping clients get a home! I would like to thank Joan and his team for helping me get my first home! Y'all made the home buying process easy for me! Thank you again. I love my home.

  • Jillian Daniell • November 05, 2015

    Thank you for all your hard work. I really appreciate it! Keep up the great work!

  • Litanya Bright • May 12, 2017

    I am so so excited, I have closed on my home and it was all made possible with the help of Joan and his team (Patricia and Elena) at Clear Lending Home Mortgage. When I first started the process of getting approval for my home, I was nervous and scared of the unknown of being a first time homebuyer and with the Interest Rates steadily increasing would I be able to get a good rate. Well after speaking to Joan for the first time via phone he assured me he would do his best to make it happen and he quickly put my mind at ease. Not only did I close in a little over 30 days, he also managed to get me an Interest Rate of 3.671% . From beginning to the end of the process, the staff at Clear Lending was professional, quick and took great care of making sure that I was informed every step of they way. A special "Thank You" to Joan.. for your hard work, honesty, and dedication in being a dream maker and making my dream of becoming a homeowner true!! I would gladly recommend Clear Lending to anyone looking to purchase a home.

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