Recently Funded New Construction Loan In Winter Park, FL

Loan Scenario:

American Heritage Lending financed a ground‑up construction loan for a first‑time builder and experienced flipper in Winter Park, Florida. The borrower acquired the homesite for $185,000 and budgeted $565,306 to deliver a new single‑family residence. The proposed home totals approximately 1,575 sq. ft. with 4 bedrooms and 3.5 bathrooms. AHL funded $652,244, structured as a 12‑month interest‑only facility at 87% Loan‑to‑Cost and 52% Loan‑to‑Value on completion against an appraised After‑Construction Value of $1,250,000. The loan features a digital‑first, flexible, fast, and easy draw process so funds reach the borrower quickly and momentum stays high throughout the build.

The construction plan covers the full vertical scope—permits and fees; insurance and pre‑construction soft costs; site prep and concrete work; framing, roofing, and exterior finish; mechanical systems (plumbing, electrical, HVAC); windows, doors, and insulation; exterior and interior finishes; driveway and landscaping; contingency; and GC fee and feasibility allowance. This package combines high‑leverage capital with an efficient funding experience, positioning the project for a clean completion and timely market debut in a supply‑constrained Winter Park submarket.