🏝️ Florida Lending Tightening Up — What Are You All Seeing?

[Katie Smith]

Over the past few weeks, I’ve had a noticeable uptick in conversations with investors who’ve had their lenders suddenly pull out of Florida — sometimes right in the middle of a deal. Some are seeing stricter guidelines, others are getting no quotes at all. It’s definitely creating some friction, especially for folks trying to move quickly in a competitive market.

That said, I’m still seeing deals getting done. There’s capital out there - but it’s taking a bit more strategy, stronger structuring, and knowing which lenders are still active and comfortable in Florida.

Are you running into similar issues with lenders backing out or changing terms last minute? Have you found any new strategies or workarounds that are keeping your deals alive?

Would love to hear how others are adjusting — and if you’re stuck on something or just want to talk through options, feel free to reach out. Always happy to connect with other folks working in the Florida space.

[Patrick Roberts]

Kiavi just halted all fix and flip (RTL) lending in FL. Wouldnt surprise me if many of the lenders that stopped lending were correspondent/TPO for Kiavi.