A Florida construction loan is short-term financing provided to real estate investors and developers to fund the ground-up construction of residential or commercial properties. These loans cover the costs of land development, building materials, labor, and associated permit fees until the project is completed.

Our loans are designed for real estate investors, builders, and developers who:

– Are building non-owner-occupied properties
– Have approved construction plans and a budget
– Can contribute 10%–15% equity to the project
– Have experience in real estate or partner with a licensed contractor

Credit score and income verification are more flexible than traditional lenders.

Pre-approval decisions are typically issued within 24 hours. After underwriting and documentation, loans can close in as little as 7–10 business days. Fast closings are possible for projects with complete permits and plans.

We provide Florida construction loans for a wide range of real estate investment projects, including:

– Single-family spec builds
– Duplexes, triplexes, and fourplexes
– Multifamily ground-up projects (up to 20 units)
– Subdivisions and build-to-rent communities

We fund construction in cities like Miami, Tampa, Orlando, Jacksonville, and throughout Florida.

Interest rates for our Florida construction loans start around 9.99% and are interest-only during the term. Typical loan terms range from 9 to 18 months, with optional extensions based on project progress.

While not required, working with a licensed and insured general contractor is highly recommended. It improves project execution and is often a condition for faster loan approval, especially for less experienced investors.

Our loans are short-term bridge financing solutions. Once construction is complete, borrowers typically refinance into long-term conventional, DSCR, or rental property loans. We can refer you to preferred lenders for take-out financing.

To process your loan request, we typically need:

– Completed loan application
– Scope of work & construction budget
– Building plans and permits
– Site photos or surveys
– Proof of funds for equity contribution

You can apply directly on our website or call us to speak with a Florida-based loan specialist. We make it fast, simple, and investor-friendly.

Apply now to secure your Florida construction loan and start building today!