New Construction Loans in Florida

Are you looking to build a single-family residence or a commercial construction project in the state of Florida? Look no further than DKC Lending for all your new construction loan needs! We offer competitive and flexible loan options for both residential and commercial construction projects throughout Florida in order to help you make your vision a reality. Our experienced team of loan consultants can provide you with the assistance and support you need to get the financing you need for your project.

What to Expect from DKC Funding

Our New Construction Loan is a short-term financing option that will help you bring your vision to life. Whether you are building a single family home or a multi-family asset, our customizable loan options will cater to your specific needs. With builder-friendly draw schedules, featuring up to seven draws, you can rest assured that your construction progress will be well-funded.

Features

One of the key features of our new construction loan is that we offer funding of up to 100% of the construction cost. We also provide separate financing for the land and the construction costs.

Terms

Our loan terms are typically 12 months, allowing you ample time to complete the construction process. During this time, you will only be required to make interest-only payments. With competitive rates and origination fees, our New Construction Loan offers a cost-effective solution for your construction financing needs.

At DKC Lending, we understand the importance of trust when it comes to choosing a lender. We have earned a reputation as a trusted partner in Florida, providing reliable and efficient financing solutions. With our streamlined application process, you can expect a fast funding turnaround, ensuring that you can start construction without delay.

In addition to our New Construction Loan, we offer a range of other residential construction loan and commercial construction loan products in Florida, including fix and flip loans, refinancing options, and fix and lease loans. Our commitment to providing diverse financing options allows us to cater to a wide range of real estate investment needs.

Now, let’s address some frequently asked questions about New Construction Loans:

New Construction Loans are short-term loans designed to finance the construction of a single-family home or multi-family residential asset.

Our builder-friendly customizable loans allow for financing the construction process. Borrowers pledge the land as collateral and receive financing for the construction. Builder experience is required for this type of loan.

Yes, as long as you partner with a licensed contractor. Builder experience is still required.

To apply for a new construction loan, simply visit our website and fill out our application form. Alternatively, you can contact us directly at +1 813-501-5729 or email us at info@dkclending.com.

Typically, builders close on the new construction loan once construction has begun. This means that the plans have been approved, permits have been issued, materials have been ordered, and the project has commenced.

If you have any queries about our New Construction Loans in Tampa, FL, feel free to call us at (727) 977-8480 or fill out our online funding form. We will respond within one business day. Trust DKC Lending for all your new construction loan needs in Florida!

Apply Now!