Construction Loans Florida – Build Your Dream Home with Confidence

At North Star Mortgage Network, we help homebuyers and builders secure construction loans Florida families can rely on. Whether you’re planning a new build, custom home, or major addition, our financing options make it possible to turn your plans into reality.

We offer both construction-to-permanent and one-time close loans, giving you flexibility, lower costs, and a simpler path from groundbreaking to move-in day.

What Are Construction Loans Florida Programs?

Construction loans Florida programs are short-term loans designed to finance the cost of building a new home. Funds are distributed in stages—called “draws”—as construction progresses.

Once your home is complete, the loan can convert into a permanent mortgage through a one-time close program. That means you only go through one approval and one closing, saving time and money.

For details on building codes and permits, visit the Florida Building Commission.

Benefits of Construction Loans Florida

Building a home in Florida offers a unique opportunity to customize your property. Working with North Star Mortgage Network ensures your financing supports that vision.

Advantages include:

  • Single closing: Combine construction and permanent financing in one simple loan.

  • Interest-only payments during construction: Lower monthly payments while your home is built.

  • Lock your rate early: Protect against rising interest rates during construction.

  • Flexible terms: Tailored options for primary, secondary, or investment homes.

  • Local expertise: Guidance from a Florida lender that understands local builders and timelines.

How Construction-to-Permanent Loans Work

A construction-to-permanent loan (often called a “one-time close” loan) covers both your build and long-term financing.

Here’s how it works:

  1. Approval: You’re approved for the full loan amount (construction + mortgage).

  2. Draws: Funds are paid in stages as construction milestones are completed.

  3. Completion: After the final inspection, your loan converts into a traditional mortgage.

This process helps you avoid re-qualification, additional closing costs, and extra paperwork.

Who Qualifies for Construction Loans Florida

To qualify for a construction loan Florida program, borrowers typically need:

  • A minimum credit score of 620 or higher

  • Verifiable income and assets

  • Licensed builder or contractor (required by most lenders)

  • Detailed construction plans and budget

  • Down payment — typically 10% to 20%

North Star Mortgage Network can help you compare multiple lender options and determine the best fit for your project.

One-Time Close Construction Loans

Our one-time close construction loans Florida option is ideal for borrowers who want a streamlined process.

With one application, one approval, and one closing, you save time and avoid surprises. This program is popular for custom homes, modular builds, and new developments throughout Florida.

Local Focus – Serving All of Florida

For over 25 years, North Star Mortgage Network has proudly helped families build and finance homes across Jacksonville, St. Johns County, Clay, and Duval County.

As a Florida-based lender, we understand the state’s unique permitting, insurance, and builder requirements. Our goal is to guide you through every step with honesty, transparency, and hands-on support.