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Updated over 5 years ago on . Most recent reply

User Stats

190
Posts
123
Votes
Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
123
Votes |
190
Posts

Looking for a lender for spec home in FL

Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
Posted

Are their any lenders in Florida that will give me a construction loan for a spec house?  So far I've had no luck.  We would be the licensed GC on the project so it would have to be a lender that is ok with that.  Some of the few builder-owner construction loans out there require you to hold onto the house for a while.  Holding would not be our ideal plan so I'm trying to find the right lender for this situation.  Any advice is appreciated.  Thanks.

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