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Land Financing

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Financing Your Land Purchase Is Easy At Clover Mortgage!

Whether you are purchasing a parcel of land as a long term investment, or if you have plans to develop and build your dream home, build multiple homes or subdivision, or build a commercial or industrial building, Clover Mortgage can help you get the  financing you need for your land purchase.

Land loans are used to purchase a type of bare land like a vacant lot or small acreage. The land you have purchased can either be used to build on, redevelop, rezone, or to hold for future development.

Lenders looking to offer a loan for the purchase of land tend to require a larger down payment and prefer to earn higher interest rates for land loans because they are deemed to be riskier than other types of mortgages or loans. This is because a bare lot is seen as a less secure investment than an already established property. Larger down payments ensure the borrower has more equity in the land, making the investment more secure for the lender.

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Land Transfer Tax Calculator

Our Clover Mortgage Land Transfer Tax Calculator works for calculating Ontario's land transfer tax, Toronto's land transfer tax, British Columbia's land transfer tax, and the land transfer tax in Alberta.

Calculator title

Enter the price of the home you're interested
Land Transfer Tax:
$ 0
Provincial:
$ 0
Municipal:
$ 0
Rebate:
$ 0

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Call Us Today at 416-674-6222 or Toll Free at 1-800-673-2230 or email us at commercial@clovermortgage.ca for a Free No-Obligation Mortgage Consultation

Why Work With Us

Low Rates

*Commercial Mortgage Rates start as low as 6.25%

Fast Service

We pride ourselves on quick, easy & honest service. Our clients always come first.

Bad Credit

We specialize in dealing with bad credit & bank declines. We turn a “no” into a “YES!”

Easy Application

*No credit checks. No complicated application and no income required!

Our Customers Love Us

Sandra F.
Sandra F.
I was in debt and needed help getting back on track. My mortgage agent at Clover Mortgage helped me get approved for a home equity loan to consolidate all of my debt in one small monthly payment. Now I’m saving over $1,000 a month in interest and am left with less debt and more money in my pocket at the end of each month. Thank you Clover!
David J.
David J.
I'm a self employed independent contractor. I earn a decent income, but when I went to the bank to refinance my home, they denied my application telling me that I didn't have enough "provable" income to qualify for refinancing my home. When I came to Clover I was almost out of hope. My Mortgage Agent at Clover was caring and professional, and help me get a great rate and flexible terms on full refinance. The whole process took less than 48 hours! I was impressed at how quickly and easily they were able to get me the money and home refinance I needed. Thank you Clover Mortgage, I'm recommending you to everyone I know!!
Andrea R.
Andrea R.
I had really bad credit, but really wanted to purchase a Condo. When I went to the bank they made me go through a lengthy application process that took weeks, and then they turned me down at the end of it all. When I found Clover Mortgage online, I called them and a friendly Mortgage Agent was able to help me get approved for a mortgage quickly and hassle-free. I got a good rate and now live in a home that I am comfortable in and am able to easily afford my monthly payments.
Ankur R.
Ankur R.
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my husband and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.
Janet L.
Janet L.
My husband and I found ourselves in a tough situation. Luckily my expert mortgage broker at Clover Mortgage helped us get a fast and easy approval for an amazing rate for refinancing our home. Clover's service is the best I've ever experienced and I've been recommending them to all of my family members and friends ever since. Thanks for your help Clover!
Raj I.
Raj I.
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my wife and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.

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