Lendersa® offers a selection of construction loan lenders in Merritt-Island, FL, featuring regional banks, national lending companies, and local hard money lenders utilizing private funds for your new construction or major rehab projects.
Lenders assess the cost of building a 2,000 square-foot home in Merritt-Island, FL, with estimates starting at $209,647 for basic builds and reaching $381,979 for more elaborate constructions. The interest rates and construction loan terms vary based on the borrower's financials, LTV, ARV, and the type of lender selected.
Explore loan offers from 100 lenders
By leveraging Lendersa®'s AI technology, your loan request is instantly matched with multiple construction lenders, ensuring all your financing needs are met. Discover competitive construction rates for ground-up builds, fix-and-flip, or substantial rehabs on residential and commercial properties in FL.
To maintain a solid credit score, avoid excessive inquiries. You can get preapproved for a land loan without revealing your social security number or other sensitive information.
Pledging additional property as security—a blanket loan—can make you eligible for 100% LTV (Loan to Value) financing.
Utilize the Lendersa® land loan calculator to identify vacant land loan lenders by using zip codes 32952, 32953, 32954.
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Construction Loans Guides
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NMLS 1795154
