Florida Construction Loans

    Florida Construction Loans:-
    * Quick Closing in 7-14 Days
  • * Low Rates Starting at 7.99%
  • * Interest-only payments
  • * Minimal Income Documentation
  • * No Occupancy Requirement
  • * Qualify Based on the Property 

#1 Florida Construction Lender


Florida Construction Loans Made Easy!

Florida Construction Loan Lender

Construction Loans Custom Built For Real Estate Investors, Developers and Homeowners!

florida construction loans

Ground Up Construction Loans

Ground Up Construction Program Summary


“Ground Up Construction Loan” loan program is designed to provide a streamlined financing solution to build single family, multi-family, and mixed use projects 

At CambridgeHomeLoan, our Ground Up Construction loans close very quickly in as little as 20 days. Rates starting at 7.99%!!

Florida Construction loans require very little documentation. The underwriting is primarily based on the risk of the project itself! 

Our Ground Up Construction loans are a great way to acquire property to build a single family spec home a PUD or multifamily development.


Lan Amount  $125,000 – $250 Million
Max LTC  Up to 85%
Max LTV – Up To 90%
Closing Time  As fast as 20 Days!
Loan Use  Purchase, Cash Out, Ground Up Construction 

Term Length  12-36 Months
Amortization – Interest Only
Interest Rates Starting at 799%
30 Day Close!


Property Documents

Purchase Contract
Payoff Statement (If Refinance)
Project Summary
Phased Development Plan Project Financials

Personal Documents

Loan Application Track Record / Experience / SREO
Last 2 Months Bank Statement Personal Financial Statement Drivers License and/or Passport

Business Documents

Articles of Incorporation Operating Agreement (LLC) or Bylaws (Corp.)


dscr loan program


Taking the first step on the real estate road to passive income and wealth? A rental property loan at up to 85% LTV you have the momentum you need to grow your real estate (Buy, Repair, Rent, Refinance, Repeat (BRRRR) business.

fix and flip loan programs


Looking for a fix to flip or fix to rent bridge loan. Up to 90% of the purchase and 100% of the rehab. Closing as fast as 5 days!
Fix to Flip or Fix to Refi . 30 or 40year DSCR loan Build your passive income stream.

rental loan


Looking to scale your real estate investment portfolio. Cash-out & refinance into a 30 or 40 year loan.. Closing 30 days!
Use your additional capital as a down payment to your next rehab project.

construction loan


Looking for a ground up construction loan. Are you a builder or investor building a spec house or a P.U.D.
Discuss your ground up scenario with us today and take advantage of the housing shortage.

What Is a Florida Ground Up Construction Loan ? 

A ground-up construction loan in Florida provides short-term financing for real estate investors, contractors, home Owners and other borrowers who are interested in building a new property from the ground up. Borrowers can use this type of loan to finance either construction only or both the land purchase and the subsequent construction project.

How Florida Ground-Up Construction Loans Work

Ground-up construction financing is more complex than conventional financing for an existing property. Since there’s no current structure for Florida construction lenders to inspect, they have to rely on the detailed plans instead. Borrowers who want to secure a ground-up construction loan must develop a comprehensive plan for the project. This plan must include many things, such as the following:

  • Purchase offers or deeds for the land to be built upon.
  • Complete Plans.
  • Building specifications.
  • Contract with a qualified builder to complete the project.
  • Comprehensive scope of work/budget, including appliances, landscaping, upgrades, and a contingency amount or reserve.
  • Construction draw schedules.

The construction draw schedule is a unique feature of ground-up construction loans. Unlike other loan types which provide you with the full funds at closing, a ground-up Flrorida construction loan is paid out in installments or “draws”. 

The borrower, contractor, and lender work together to create a draw schedule that specifies when each chunk of financing will become available. The loan only offers a limited sum of money upfront and provides subsequent payouts as you meet key milestones in the project’s construction. These payouts don’t go directly to the borrower. Instead, the lender submits direct payments to the builder and other professionals who are working on the construction. The first construction draw typically funds the purchase of the property and initial expenses, including permits. Certain events will trigger the project’s subsequent construction draws, such as the following:

  • A set period.
  • Completion of a particular construction phase.
  • Completion of a portion of the total project.

To receive the final draw, the investor or contractor must prove that the project has been completed request a final inspection and certificate of occupancy or the equivalent. CambridgeHomeLoan.com is the #1 Florida Construction Loan Lender. Builders, Contractors, Investors and Home Owners.


Who Should Use a Ground-Up Construction Loan?

Borrowers can use ground-up construction loans for single-family dwellings, single family developments or PUDs, Multifamily projects hat combine residential and commercial uses in a single building. 

This type of loan is ideal for real estate investors who want to capitalize on a new project quickly, as ground-up construction loans often come through faster than bank financing. Ground-up construction loans offer short-term financing. Most of these loans have a period of only 12 to 18 months. This makes them ideal for completing construction and moving on quickly to the next phase of the project. At the completion of a ground-up construction loan, borrowers typically refinance with a more traditional 30-year loan. This offers long-term financing for the project. 

Many ground-up construction projects turn into rental properties. . You can also complete a ground-up construction project with the intention of selling it. Homeowners may choose this type of financing for their own dwelling to ensure that they get exactly what they want from their home.

The Benefits of a Florida Ground Up Construction Loan

A ground-up construction loan gives you control over your real estate project. You can build what you need from the very beginning of the project and avoid any difficult retrofitting, remodeling, or repairs. Purchasing a pre-existing building may seem like a faster route to real estate ownership, but many older buildings come with a large number of unpleasant surprises that will leave you struggling with additional expenses for fixes for years to come. You will find the following with a Florida ground-up construction project:

  • Minimize Expenses – All materials, appliances, and installations are new.
  • No Code Violations – The entire project is built to code.
  • The building meets your exact needs and specifications.
  • You have accurate plans and blueprints for every aspect of construction.


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