Need a New Construction Loan?

Low Rates & Fees – Texas Residential Construction Loans


Building Your Dream Home Is Complex Enough – Financing It Shouldn’t Be. 1st Florida Mortgage is a preferred lender in Florida and recognized as the “Go To” mortgage company for construction loans in Florida. With competitive rates and fees we can help with construction short-term financing and help make your dream a reality. Our construction loans help you through the entire process, from blueprints to breaking ground and all the way to move-in day! We can even combine your construction loan with your long-term mortgage to save on closing costs. Put our experience to work for you today and let us help with your construction loan in Florida.

What type of down payment is required? – Down payment on construction loans can be confusing to understand. Most construction loans in Florida require between 10% and 20% down. Equity in the land typically can be used to count towards the equity.

How does a construction loan work? – Make sure you will qualify for a construction loan (we can help with that) then finalize your house plans, builder, and construction budget, we get an appraisal for the house/land combo and the loan closed.

Can I roll in closing costs and land costs? – In most cases the land payoff is covered and in many cases the closing costs are covered by the loan. This depends on investors there are a few that do not allow this, but 1st Florida Mortgage have multiple investors which do allow for this. This also assumes that the appraisal can support the extra amount.

Can I get a construction loan with $0 down? – Yes you can, if you have equity in the land or if you are willing to have a CD with the investor. But remember that zero down is not the same as $0 in the bank. You will need to have either or both cash reserves and cash flow.

We have loan officers that are experts in structuring construction loans. With low rates, low fees and in-house underwriting we can make decisions fast and get you approved. Call today or apply online and let us earn your business!


  • Finance up to 90% of home value
  • Terms up to 1 year
  • Loan made directly to you
  • Pay an origination fee only once
  • One time close construction loans
  • Apply. Qualify. Lock. Close. Done.

Construction Loan Pre-ApprovalsApply Now


1st Florida Mortgage offers a convenient One-Time Close Loan. What does that mean? Now you can combine your interim construction loan and your permanent mortgage loan into one simple transaction. All you need is one application. And you only pay closing costs once.


  • Finance your construction and permanent loan in one easy closing
  • Pay closing costs only once
  • Financing options available for high loan-to-home value
  • Pay only interest during construction
  • Use your loan to build or add on to your existing home
  • Lock in both your construction and permanent mortgage interest rate up to 60 days prior to loan closing
  • Enjoy flexible options for mortgage financing

For unsurpassed mortgage products and expertise, local decision making, and face-to-face service from a dedicated mortgage banker. Let us help build your dream home – apply online for a no cost loan estimate and let us earn your business.

Our Mortgage Loan Process


  • Direct Mortgage Lender- Low Rates & Fees
  • Streamline Process, Fast Closings & On Time Funding
  • Same Day Pre-Qualifications
  • 28 Day Closings!

Have Questions? Speak with a Florida Home Loan Specialist!

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