Florida is one of the most active real estate investing markets in the country. Investors close well over 250,000 transactions in the state every year, and competition for good deals is constant from Miami to the Panhandle.
In a market that moves this fast, financing is often the deciding factor. Here are five hard money lenders in Florida that real estate investors are using to close deals quickly and successfully.
1. New Silver
As a direct, tech-enabled lender, New Silver funds fix and flip, DSCR rental and ground up construction loans in over 40 states, giving investors one lender they can return to for a variety of projects.
New Silver’s fix and flip loan program offers up to 90% loan-to-cost, with financing up to 100% of eligible rehab costs, and loan amounts ranging from $100,000 to $5 million. For investors who are purchasing rental properties, New Silver’s 30-year amortized rent loan is based on the property’s DSCR and provides financing up to $3 million. For residential builders, New Silver’s ground up construction loan product offers short-term loans, with up to 100% of construction financed and loans up to $5 million.
New Silver provides clients with instant online term sheets and proof of funds letters. They close loans in as little as five business days, and that speed is backed by AI underwriting technology and dedicated white-glove support throughout the entirety of the loan process.
Best suited for: New Silver works well for investors who want an easy, fully online process, instant term sheets and a single lender that can partner with them on fix-and-flip, ground-up construction and long-term rental projects.
2. LendingOne
LendingOne is a national private lender headquartered in Boca Raton, offering fix and flip, fix to rent, DSCR Rental, new construction and SFR portfolio loans. Its Fix and Flip program covers a large share of total project costs, including 100% of eligible renovation expenses, though final pricing depends on the loan type, the property and the client’s experience.
Best suited for: Investors who want several types of financing through one lender, including flippers, investors, landlords and those scaling into larger rental portfolios.
3. Streetly Capital
Streetly Capital is a Central Florida lender offering Fix and Flip, Bridge and Ground Up construction loans. Fix and Flip loans start at 10.99%, cover up to 85% of purchase price and 100% of rehab costs, with loan amounts from $100,000 to $2 million. Bridge and ground up loans start at 10.49% and 11.99% respectively, with similar loan ranges. All three programs carry a 2% origination fee and a 660 minimum FICO score.
Best suited for: Investors working in Central Florida, particularly around Orlando and Winter Park.
4. Soviero Capital
Soviero Capital is a family-run hard money lender in Jupiter, licensed through the Florida Department of Financial Services. The firm has originated more than $50 million in real estate loans. Maximum loan-to-value is 65%, loan amounts go up to $2.5 million and terms can run up to three years. The firm’s underwriting is asset-based, weighing the property and deal structure over the borrower’s credit score.
Best suited for: South Florida investors seeking a smaller, family-run lender with an asset-based underwriting approach.
5. Trato Lending
Trato Lending is a Florida-based private lender offering fix and flip, DSCR, bridge and construction financing from $250,000 to $5 million. The company doesn’t require W-2s or tax returns and prices deals based on the asset rather than income documentation, with a focus on getting investors indicative terms in a matter of days rather than weeks.
Best suited for: Investors who want a newer, agile Florida lender for mid-size deals and appreciate a straightforward, asset-first underwriting process.
Finding the Right Fit
The Florida real estate market moves fast, and hard money loans exist for exactly that reason. They provide quick underwriting based on the deal itself, and in a market this competitive, the ability to close fast is often what separates a successful deal from a missed opportunity.