Land Loans and Lot Loans: Unlimited Acreage
Land loans, also called lot loans, are mortgages that use just the land as collateral, which is a higher risk for the lender and therefore more difficult to find. Look no further because at Cleveland Mortgage we are happy to work with borrowers looking for these types of mortgages.
Land Loans: Mortgage for a Single Lot, Acreage or Hunting Land
Whether you're buying a lot to build a home, buying acres of land to enjoy as a personal residence or to develop, or you're buying land for recreational use, such as hunting, Cleveland Mortgage has the best loan for you.
One of the many benefits of working with Cleveland Mortgage is that because we also do construction loans, commercial loans and mixed-use mortgages, our loan officers take the time to understand your lending needs and qualify you for the best loan that makes the most sense for your unique situation including: credit score, down payment, debt to income ratio, income documentation, and more. Each loan has several variables and with our breadth of mortgage loan options, we find the best loan to fit your situation.
The Cleveland Mortgage Advantage: Best Rates, Most Options
With over 50 years of experience in the mortgage industry, the owners of Cleveland Mortgage have the experience, the relationships and the team of loan officers, processors and closers to offer the best loans at the best rates available with an efficient and transparent process.
With a strong core of mortgage products including Conventional, FHA, VA Loans, and USDA loans we work with many Cleveland area realtors to fund home buyers. However, we also understand there is a need for non-traditional mortgage products and our Portfolio offering just may have the product you are looking for.
- Bankruptcy and Foreclosure - NO SEASONING (1 day Discharged for Bankruptcy)
- Investors- blanket mortgage loans available for over 11 financed properties
- Land/Lot loans - unlimited acreage and hunting grounds allowed
- Non-Warrantable Condos including Condotels
- Farm Loans
- Model Home Leaseback Allowed