Florida Ground-Up Construction Loans (Spec Homes, Duplex/Fourplex & Build-to-Rent) — 2026 Rates, LTV Caps & State Rules

Florida Ground-Up Construction provide business-purpose real estate investors with Up to 85% LTC / 70%–75% Completed ARV across loan amounts from $100,000 – $15,000,000+ at 9.75% – 11.75% Interest-Only on Drawn Funds (12 – 24 Months Interest-Only, 660+ FICO min FICO, 14 – 21 Business Days close). In Florida (FL), lenders underwrite to a Judicial (Circuit Court Foreclosure Action) statutory framework (180–260 days-day average timeline), a 0.86% average property tax rate (~$312/mo at the $435,000 state median), and $940/$100K hazard insurance (~$341/mo).