Construction and renovation loans in Florida
Short-term, business-purpose loans for new construction and major renovations, paid out in stages as the work is completed.
We finance builders and investors on new homes, small multifamily projects and renovations across Florida.
New homes
Single-family homes and townhomes, including homes built to sell.
Small multifamily
Duplexes to small apartment buildings.
Renovation
Major renovations and repositioning of homes and buildings.
Commercial improvements
Build-outs and improvements to commercial buildings.
How payments during construction work
Budget and schedule
Before closing we review your plans, permits, line-item budget and schedule.
Draw request
When a stage is complete, you send a draw request with photos and invoices.
Inspection
An independent inspector confirms the work before funds are released.
Payment
Approved draws are paid as agreed, to you or directly to your contractor.
What happens after your quote
- Step 1
Get your quote
A few questions about the property and the loan. No account and no credit check.
- Step 2
Apply and upload
Tell us about your company and send documents from your phone or computer.
- Step 3
Sign your term sheet
If your loan fits our guidelines, you sign your term sheet online. We review and countersign within 48 hours.
- Step 4
Close and fund
Track every closing item in your private portal until your loan funds.
Documents you will need
You upload these to your secure portal after you apply. We tell you if anything else applies to your property.
- Photo ID for each owner with 10% or more
- The company's articles of organization and operating agreement
- Recent bank statements
- Purchase contract, or a payoff letter for the current loan
- Property insurance, including flood and wind coverage where required
- Appraisal, ordered through us
- Plans and building permits
- Line-item budget and construction schedule
- General contractor agreement and license
- Builder's risk insurance
Construction
Do I need permits before closing?
For new construction, generally yes. For renovation, tell us where permits stand and we will explain what we need before the first draw.
Who inspects the work?
An independent inspector we engage confirms each stage before funds are released.
Can I act as my own general contractor?
Case by case. We review your experience and licensing. Most projects use a licensed general contractor.
Can the loan include the purchase of the lot?
Yes, when the lot and the project fit our guidelines. Tell us both the purchase and the construction budget when you request a quote.
Get a loan quote
About 2 minutes. No credit check for a quote. Loans are for business purposes only.