Hard Money Lenders Florida

Fast Florida Hard Money Loans
Ready to close in less than a week

  • Interest rates 10 – 12.75%
  • Credit score 650+
  • Loan-to-Cost Up to 90%
  • No income verification
  • Get approved online in 5 minutes
  • Instant proof of funds letter
  • Interest only payments
Get Approved Online
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Need financing for your upcoming real estate project? Get approved for a hard money loan in 5 minutes using our online application

Need funding fast? Look no further than New Silver. New Silver has the perfect selection hard money loans for Florida real estate investors.

New Silver has a variety of different hard money loan products available to suit the needs of any real estate investor. Run by a team of experienced real estate professionals, our loans are ideal for real estate investors in FL.

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Loan Programs


Fix & Flip

For house flippers hoping to purchase a fixer upper to renovate and resell in Florida. Interest rates from 10 – 12.75%, Loan-To-Cost up to 90%, with loan terms up to up to 24 months. Hard Money Refinance Loans also available.

  • Get up to $5,000,000
  • Interest rate 10 – 12.75%
  • Origination fee from 1.375%
  • Up to 100% construction
  • More info
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30-year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest rates from 7.5, loan-to-purchase price up to 80%. Built for buy and hold investors that purchase rental properties.

  • Get up to $3,000,000
  • Interest rate 7.5
  • Origination fee 2-3%
  • 30-year fixed rate
  • More info
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Ground Up

Designed for residential builders, our ground up construction loans can finance up to 90% Loan-to-Cost (LTC). Interest Rates from 10 to 13.25%

The perfect solution for builders in Florida that need quick access to capital to fund construction costs.

  • Get up to $5,000,000
  • Interest rate 10 - 13.25%
  • Origination fee from 1.375%
  • Up to up to 24 months
  • More info
Get Approved Online

Florida Hard Money Lender

Getting a traditional loan is a slow, drawn-out and exhausting process. Thankfully, New Silver’s hard money loans are designed for real estate investors that value speed, efficiency and transparency. Offering house fix-and-flip, fix-to-rent and cash out refinance loans, our team of experienced real estate experts are available to get you capital and assist you with any hiccups that may come up along the way.

New Silver is one of the top-rated Florida Hard Money Lenders. As licensed real estate investment professionals, we know what real estate investors need: quick and easy online applications, terms of up to twenty-four months and most of all, fast loan closing and attractive rates. At New Silver, we specialize in hard money loans for single-family residential, but we can also cater to multi-family and commercial real estate projects. Contact our hard money lending team today to unlock the perfect loan for Florida real estate investors.

Ultimately, if you need fast closing hard money loans with competitive interest rates, New Silver is the hard money lender for you.

New Silver lends in these cities:

Florida House Market Overview

Median Sale Price


1-Year Home Appreciation


1 Bedroom Rent


Average 3 Bedroom Rent


Homes In Florida Are Worth More Than Average: Real estate investors should note that the average home value in Florida is $383,063. This is about $50,000 more than the average home value in the US ($3334,269). However, Florida really shines in terms of value for money. Unlike many coastal states, prices in Florida are still affordable for a large percentage of the US population.

Florida Is A Happy Hunting Ground For House Flippers: The Sunshine State has become increasingly popular with real estate investors over the last 3-5 years. This increase in popularity has been accelerated by the Covid 19 pandemic, with many families and businesses choosing to relocate to Florida.

The influx of new residents combined with excellent weather and a number of coastal cities makes Florida a very attractive place to live. If you can find a poorly maintained house with lots of potential, there is a strong possibility of making a healthy profit with a fix and flip investment property.

The Housing Market In Florida Is Booming: In the last 12 months, over 287,352 houses were sold in Florida. This makes it one of the most active real estate markets in America.

Median Home Price by MSA

MSA Name Median Home Price 1-Year Appreciation 3-Year Appreciation
Fort Myers $420,000 16.7% 64.7%
Gainesville $349,500 13.2% 46.2%
Jacksonville $398,000 17.4% 52.8%
Miami $570,000 16.3% 56.2%
Sarasota $513,700 23.8% 70.4%
Orlando $425,000 16.4% 51.8%
Tampa $405,100 18.8% 62.0%

Florida Real Estate Market Analysis

The Sarasota Is A Hot Market: The 1-year appreciation rate for homes in Sarasota is 23.8%, while the 3-year appreciation rate is 70.4%. This is one of the reasons so many real estate investors are putting capital into Sarasota. By simply holding investment property in this area, you stand to make a decent profit, especially if you can hold on for several years.

Homes Are Most Expensive In Miami: The median sale price in Miami is $570,00. The next most expensive market is Sarasota with a median sale price of $513,700. To invest in these areas, you need to have a good credit history, a strong business plan and some experience with flipping or renting properties.

Appreciation Rates Are Good Across The Board:  Most of the big metro areas in Florida are still appreciating at a rapid rate, with Fort Myers, Jacksonville, Miami, Sarasota, Orlando and Tampa all appreciating by more than 15% over the last 12 months. This is considerably better than most real estate markets in the US. It helps explain why house flippers are achieving such high levels of success in Florida.

Florida Real Estate Investor Associations

Reasons to Fund Your Investment Property with New Silver

It doesn’t matter if you are a buy and hold investor focusing on rental property or a house flipping specialist. New Silver is one of the best Florida hard money lenders with a selection of hard money loans perfectly matched to meet your real estate investing needs. Unlike a conventional mortgage which can take ages to complete, our hard money loans can be approved online in less than 5 minutes, with an instant proof of funds letter to help you secure the purchase. We are ready to meet the needs of Florida real estate investors with fast closing hard money loans.

Frequently Asked Questions

Yes. New Silver is a private lender that offers short term loan products for house flipping projects, but we also have 30 year rental property loans for investment properties. We also cater to real estate investors hoping to build multi-family apartments with our new construction loans.

Yes, New Silver is a private money lender that provides asset-based hard money loans for real estate investors. With asset-based hard money loans, the underwriting process can be more lenient than conventional lenders. This is because the underlying value of the asset is more important than the financial background of the investor when setting the terms of a private money loan.

As a result, the financing and credit score requirements of private money lenders are less stringent, income verification is not needed and the debt-to-income ratio of the borrower doesn’t matter. Plus, we can get your hard money loan approved and closed within 7 days.

Yes. We offer ground-up construction loans for real estate developers that build single family (1-4 unit) residential properties.

Yes. Our fix and flip hard money loans can act as a bridge loan for real estate investors with a loan term ranging from 6 to 24 months in duration. More information can be found on the loan product page.

It's worth noting that a fix-and-flip hard money loan is effectively a bridge loan, but with the express purpose of purchasing investment property.

The main reason hard money loans have higher interest rates than traditional loans is because of the risks involved when buying investment property. Unlike a residential home purchase, a house flipping project could run over budget or the real estate market could take a turn for the worse, making the investment property difficult to sell quickly.

In other words, you could potentially lose money with a fix and flip. This risk is applicable to the borrower and the hard money lender. The higher interest rate compensates for this risk, which most conventional lenders are unwilling to take on. Hard money lenders effectively fill the gap, using an asset based private money loans to fund real estate deals.

The origination fee (loan points) of a hard money loan is usually between 2-3%, but this varies with each deal. To work out the expected monthly payments of a house flip loan, it is best to use our hard money loan calculator.

On this point, it is also worth noting that the monthly payment of all New Silver's short term hard money loans work on interest only payments. This helps reduce the cash flow burdens of the investor while the project is underway. Interest only payments are one of the best benefits that you can unlock by working with a reputable hard money lender like New Silver.

In short, yes. While the credit requirements of a hard money loan are not as stringent as a traditional lender, we do review the credit history of each borrower. If you’re worried about bad credit, it is best to look at our hard money loan products page to see if New Silver is a good fit for your needs.

  1. House Flipping Loan – Designed for house flippers
  2. Rental Property Loan – 30 year loan for investment properties
  3. Construction Loan – For new residential building projects
  4. Rehab Loans – For new residential building projects
  5. Personal Loan – Private loans for whatever you need

Right now, we do not specialize in commercial hard money loan products. With that being said, our maximum loan amounts should be big enough to cover both residential and commercial projects.

Where We Lend

Hard Money Loans Across The US

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