Construction-to-Permanent Lenders by State

Tell us about your build

What state will your home be built in?

Will you be acting as your own general contractor (owner-builder)?

Pick a lender for details

8 lenders for Florida. Open one to see program details and who it’s not for.

One-time close construction-to-permanent
Primary, second, and vacation homes; new builds and renovations
East Coast states from Maine to Florida

Single-close construction-to-permanent
New builds, renovations, and teardowns
Northeast, Mid-Atlantic, Southeast, and Midwest states

One loan, one closing for the land and the house
Dedicated construction loan specialist
New builds, teardowns, and renovations

One-close construction loans, conforming and jumbo
Conventional and jumbo options
Lends nationwide

One-time close that converts to a permanent mortgage
Custom homes and major renovations
Lends nationwide

Single-close: lot, build, and permanent mortgage in one loan
Stick-built, modular, manufactured, barndominium, log, and kit homes
Self-employed options

One-time close construction and renovation loans
Only one appraisal; renovations use as-completed value
Primary and second homes

One-time close that converts to permanent financing
Primary residences and second homes
Relationship pricing available

How construction loans work in Florida

A construction loan pays for building a home in stages as the work gets done, instead of all at once like a purchase mortgage. Here’s what to expect when you compare construction loan lenders in Florida.

Compare lenders that list FloridaUse Step 1 above to see which lenders publish programs for your state, and open a card for details.

Line up your builder, plans, and budgetLenders review the builder and the project, not just you.

Apply and get an appraisalAn appraiser estimates what the finished home will be worth.

Close and build in drawsThe lender releases money to your builder in stages after inspections.

Finish the homeWith a construction-to-permanent loan, the loan becomes your mortgage when the home is done.

Who it fits

New homes in Florida, from production plans to fully custom builds
Building on land you already own, or buying a lot as part of the project
Major renovations and teardown-and-rebuild projects
Primary homes, and second or vacation homes with many lenders

Building in Florida

Lenders typically ask for a builder licensed through the Florida Department of Business and Professional Regulation, and for builder’s risk, windstorm, and (where required) flood coverage to be in place before construction starts. Coastal lots can add steps for permits and insurance, so start those early.

What lenders look at

Your credit history: How you’ve handled credit over time. Each lender sets its own standards.
Income and savings: Steady, documented income and enough savings to cover your share of the project with some cushion.
Your builder: A licensed, insured builder with a track record. Many lenders review and approve the builder along with you.
Plans and budget: Complete plans, a line-item cost breakdown, and a signed contract, so the lender knows exactly what it’s funding.
Appraisal of the finished value: An appraiser estimates what the home will be worth when the work is done. That value matters as much as today’s.
Lot ownership: Whether you already own the lot or are buying it, and any existing loan on the land.

What to have ready

Your builder’s name, license, and contact details
Plans, or a clear description of the home
A builder bid or cost breakdown
Lot details: address and whether you own it or are buying it
Income and asset documents (pay stubs, tax returns, bank statements)

You don’t need everything to get started. The basics in the form are enough for us to connect you.

Construction loan questions for Florida

How do construction loans in Florida work?

You apply with a lender, which reviews you, your builder, and your plans. After closing, the lender pays your builder in stages as the work passes inspection. With a construction-to-permanent loan, the same loan becomes your mortgage when the home is finished.

Which banks offer construction loans in Florida?

Lenders on our list whose published programs include Florida: TD Bank, Citizens, Truist, Flagstar Bank, U.S. Bank, Waterstone Mortgage, BMO, and Fifth Third Bank. With Florida chosen in Step 1, the cards above show the lenders that list it; open one for program details. Listings are for information only, and each lender makes its own decisions.

What’s the difference between a construction loan and a regular mortgage?

A regular mortgage pays for a home that already exists, all at once. A construction loan pays out in stages while the home is built, and the lender looks closely at the builder, the plans, and the finished value.

Can I use a construction loan for a second or vacation home?

Many lenders on our list consider second and vacation homes as well as primary homes. Open a lender card above to see what each program lists.

Will a lender approve my project?

We can’t promise that, and no one honestly can before a lender reviews your file. Each lender decides based on its own guidelines, your finances, the builder, and the appraisal.

What happens after you submit

You share the basics: your state, your project, and how to reach you.
A person on our team reviews your request.
We connect you with a construction lender that works in Florida.
The lender contacts you, reviews your full application, and makes every credit decision.

We connect you with lenders; we are not a lender. Nothing here is an offer of credit or a promise of approval.

About My Construction Path

My Construction Path is a construction loan connection service for people building or renovating a home. We publish plain-English guides and a list of lenders whose programs cover new construction and renovation, and we connect you with a lender when you’re ready.

Find construction-to-permanent lenders for your build