Residential Bridge Loans in Florida
Residential Bridge Loan in Florida
Normandy offers residential bridge loan and bridge mortgage loan programs for residential projects throughout Florida. Borrowers deal directly with the loan officer and underwriter — no broker chain, no call center handoffs. Coverage includes Miami, Tampa, Orlando, Jacksonville, Fort Lauderdale, and Naples and communities across the state.
Florida’s fast-moving housing market — especially in Tampa Bay and Southwest Florida — means buyers often need to act before their current home closes. Bridge financing provides that flexibility without forcing an early sale.
Loan amounts from $95,000 to $5,000,000. Up to 80% LTV; 75% LTV for loans over $1M. 12-month term. Interest-only payments. Full and limited income documentation available. 1–4 family owner and non-owner properties eligible. Foreign nationals welcome.
Full details and pre-qualification at https://normandy.com/residential-bridge-loans/. All Normandy residential programs at https://normandy.com/. Call 800-390-7536.
General Guidelines*
- Loan amounts from $95,000 to $5,000,000
- Loan to value up to 80% of appraised value. Loan amounts over $1M will max out at 75% loan to value.
- Allows you to sell your home on your time schedule
- Deal directly with the Loan Officer/Underwriter
- Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
- Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
- Full income documentation or limited income documentation available
- Foreign Nationals are eligible for this program
- 1 to 4 family owner and non-owner properties are eligible (other property types may be considered on an exception basis)
- 12 month term
- Interest only payments
*All rates and terms subject to change without notice
Florida Construction Market & Regulatory Overview
Florida remains one of the fastest-growing states for residential construction. Population migration, retirement demand, and a strong job market continue driving new home activity across all major metros.
Building Code: Florida Building Code (FBC), including mandatory hurricane-resistant construction standards.
Permitting: Permits are issued through local county and municipal building departments. All construction must comply with the FBC and applicable wind zone requirements for the project location.
Key construction considerations in Florida include hurricane wind zones, flood plain elevation requirements, and high-humidity building conditions. Normandy’s underwriting team works directly with borrowers — you deal with the loan officer and underwriter, not a call center.
Contractor Licensing in Florida
Florida general contractors must hold a state-issued license through the Department of Business and Professional Regulation (DBPR). Specialty trade contractors are separately licensed.
Owner-Builder Note: Florida allows owner-builders to act as their own contractor for a primary residence, but limits how frequently the exemption applies and requires a sworn affidavit with the local building department.
Loans Available in the Following States
Owner Occupied
Loans available for owner occupied properties in the following states:
Non-Owner Occupied
Loans available for non-owner occupied properties only:
- Alaska (AK)
- Alabama (AL)
- Arkansas (AR)
- California (CA)
- Colorado (CO)
- Connecticut (CT)
- Delaware (DE)
- Florida (FL)
- Georgia (GA)
- Hawaii (HI)
- Iowa (IA)
- Idaho (ID)
- Indiana (IN)
- Kansas (KS)
- Kentucky (KY)
- Massachusetts (MA)
- Maryland (MD)
- Maine (ME)
- Michigan (MI)
- Missouri (MO)
- Mississippi (MS)
- Montana (MT)
- North Carolina (NC)
- Nebraska (NE)
- New Jersey (NJ)
- New Mexico (NM)
- New York (NY)
- Ohio (OH)
- Oklahoma (OK)
- Oregon (OR)
- Pennsylvania (PA)
- Rhode Island (RI)
- South Carolina (SC)
- South Dakota (SD)
Frequently Asked Questions — Residential Bridge Loan in Florida
Q: What is a residential bridge loan in Florida?
A: A residential bridge loan in Florida uses equity in your current home to fund the purchase or construction of a new one. Loan amounts from $95,000 to $5,000,000. 12-month term with interest-only payments. You set the sale timeline for your existing property.
Q: How does a bridge mortgage loan work in Florida?
A: A bridge mortgage loan in Florida through Normandy is secured by your current property. LTV up to 80% of appraised value (75% for loans over $1M). Pre-qualification is typically 3 to 5 business days. Interest-only payments during the 12-month term.
Q: What bridge financing is available in Florida?
A: Normandy’s bridge financing in Florida covers 1–4 family owner-occupied and non-owner occupied properties. The loan can fund a new purchase or new construction. Amounts from $95,000 to $5,000,000. Foreign nationals are eligible.
Q: What is a short term property loan in Florida?
A: A short term property loan in Florida through Normandy’s bridge program is a 12-month interest-only loan secured by residential equity. It provides liquidity during a property transition without requiring you to sell first. Full and limited documentation available.
Q: What is a residential transition loan in Florida?
A: A residential transition loan in Florida bridges the gap between purchasing a new home and selling the current one. LTV up to 80% of appraised value (75% for loans over $1M). The 12-month term gives you time to close the sale without being rushed.