

Qualifying for a construction loan in Florida is similar to qualifying for a regular home purchase loan, but the process is more rigorous.
The reason lenders set more strict requirements to qualify for construction loans is because there are more uncertainty and risk associated with building a home or commercial structure than buying one that already exists.
Here is how to qualify for a new construction loan step by step:
Even though you need more documentation to apply for a construction loan, the process is straightforward. Lending Bankers Mortgage can walk you through the steps and answer any questions you have. To apply for a construction loan in Miami or anywhere in FL, please give us a call at (786) 220-1100 to schedule your consultation.
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Lending Bankers Mortgage LLC is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.
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