New Construction Loans Florida

Building your property shouldn’t be a struggle

Going back and forth with an application process for a loan is annoying. It prevents you from taking action in your property plans. With our new construction loan program, we make the whole process easier for you.

We have a wide coverage

At Hard Money Lenders IO we can fund up to 60% of the land value and cover 100% of the construction budget.
Not all hard money lenders offer financing for new constructions due to the high-risk level. That’s why we review every detail of the deal to provide you with the best solution for your needs.

We work along with you to have an action plan so we can

  • Close the deal fast
  • Have clear terms to work with
  • Avoid delays and meet deadlines
  • Reduce as much project expenses as possible

Our process is straightforward

  • You complete the loan application 
  • We’ll review it and order an appraisal
  • You provide the documentation and construction plan
  • We issue a document with the loan details and terms
  • The loan is closed by an attorney

Note: Due to the many activities and responsibilities this process requires, having experience as a real estate investor is vital for this type of loan.

Transparent and flexible underwriting

We stand for clarity and simplicity in all our transactions. There are no hidden fees/terms in the process.

We know the best areas to invest in a property

Since we’re based in Florida, an advantage you have with us is that we can provide advice on the best local areas where you can build your new property. We work hand in hand with you to make sure you get the most out of your investment decision.

We’re aware that a real estate investment is a big deal and requires effort. For this reason, based on our experience we’ll walk you through the process giving you the best recommendations, so you can achieve your goals.

Overview of our New Construction loan program

Experience Level Any
Credit Score 600
Interest Rate 9% – 12%*
Points 0% – 2%
Eligible For a 0-Point Option? Yes
Advance Rate on Rehab or New Construction 10%
Advance Rate on Current Value 10%
Loan % to After Rehab Value 75%


Property Types

Single Family, Multi-Family, Mixed-Use
Prepayment Penalty No
Extension Available Yes
Cross Collateral/ Blanket Loans Yes
Loan Size $100k-$5M
Loan Terms 3 Months – 3 Years

Other loan programs we offer include

Fix and Flip Loans

We take care of financing your property rehab needs so you can sell it quickly.

Learn More

Cash-Out Refinance

Refinance the existing mortgage of your property and get instant cash-out.

Learn More

Rental Property Loans

If you want an extra cash flow by renting your property, we’ve got you covered.

Learn More

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