Build · Florida
Construction-to-Perm in Florida
Building your custom Florida home? One closing covers the construction loan and the permanent mortgage.
Common challenges we solve
- Coordinating builder draws and inspections
- Locking a long-term rate during construction
- Avoiding two closings (and two sets of fees)
What you get with Lumos
Single-close construction-to-perm
Interest-only during build
Extended rate lock through completion
What's different in Florida
New Florida homes are built to the Florida Building Code's wind standards, and documented wind-mitigation features can lower your insurance premium. Many new Florida communities are inside a community development district (CDD), whose assessments appear on your property-tax bill and count in your debt-to-income ratio.
Loan programs that typically fit
Frequently asked
- How long can the build last?
- 12 months is standard; up to 24 on custom builds.
- What down payment is required?
- Down payment requirements vary by program — we'll show you your options.
