Construction Loan

Are you looking for a Construction Loan in Florida?

Are you embarking on a construction project and in need of tailored financing? Look no further than Quick Close Loans, your trusted provider of construction loans in Florida. Here’s an overview of how Quick Close Loans can help you turn your construction dreams into reality:

1. Purpose:

• New Construction: Quick Close Loans provides financing for the ground-up construction of a new property.
• Renovation or Remodeling: Our construction loans cater to significant improvements or additions to existing structures.

2. Disbursement:

• Experience a streamlined disbursement process with funds distributed in phases based on the completion of construction milestones.
• Quick Close Loans ensures efficient processing, requiring documentation such as inspections and invoices for each disbursement.

3. Competitive Interest Rates:

• Benefit from competitive variable interest rates during the construction phase.
• After construction, our team can assist you in converting the loan into a traditional mortgage with favorable terms.

4. Short-Term Nature:

• Quick Close Loans’ construction loans are designed for the short term, typically ranging from 6 to 18 months.
• Post-construction, explore our options for transitioning to a long-term mortgage to suit your needs.

5. Simplified Approval Process:

• Quick Close Loans streamlines the approval process, considering your creditworthiness, project plans, and the qualifications of your chosen builder or contractor.

6. Flexible Loan to Value (LTV) Ratio:

• Our construction loans offer flexibility in calculating the Loan to Value (LTV) ratio based on the anticipated post-construction property value.
• We work with you to determine a reasonable down payment.

7. Builder and Contractor Support:

• Quick Close Loans collaborates with reputable builders and contractors, ensuring your project is in capable hands.

8. Smooth Conversion to Permanent Loan:

• Post-construction, our team assists you in seamlessly converting the construction loan into a permanent mortgage.
• Terms and conditions are tailored to your financial situation.

9. Project Monitoring:

• Quick Close Loans ensures a thorough yet efficient monitoring process, with inspections and appraisals at different construction stages.

10. Owner-Builder Construction Loans:

• Quick Close Loans offers specialized loans for owner-builders, empowering those who prefer to act as their own general contractor.

When it comes to construction financing, Quick Close Loans stands out as your reliable partner. We pride ourselves on providing transparent, customer-friendly solutions, ensuring your construction project receives the attention it deserves. Contact Quick Close Loans today and experience a smooth and efficient path to realizing your construction goals in Florida.

• Loan amounts from $100,000. to $3,000,000.
• Loan 80% CLTV 75% LTV
• Rate  8.25% – 11.25%
• Land purchase may be included in the construction loan.
• Quick pre-qualification, typically within 3 business days
• Loans are available to Borrowers with less than perfect credit
• Flexible draw schedules
• 1 to 4 SFH
• 18 month construction term
• We work with the following  –  RESIDENTIAL INVESTORS  –  SPEC HOME BUILDERS  –  GENERAL CONTRACTOR/INVESTOR

No Upfront Fees Charged