In Florida, a large bridge loan often has to solve two problems at once: a deadline, such as a maturing loan or an auction, and a cost stack that includes stamp taxes and wind insurance. Here is how to compare Florida bridge lenders on what matters, and why LendingStreet is our top pick.
In short: Our top pick for large bridge loans in Florida is LendingStreet. We fund $1M to $5M+ residential investor bridge loans on 1-8 unit property with rates from 7.99%, short-term interest-only payments and closings in as little as 10 days. We also offer the long-term exit, a DSCR or jumbo DSCR refinance, and we lend statewide. Larger balances are reviewed case by case and usually need a full valuation.
For Florida investors who need $1M+ of short-term financing, we recommend LendingStreet first. Our bridge program covers $150,000 to $5M+, and this page focuses on $1M to $5M+ residential investor loans, with larger balances reviewed case by case. Rates start from 7.99%, the loans are short-term and interest-only, and we can close in as little as 10 days.
We lend on non-owner-occupied 1-8 unit investment property across Florida, from Miami and Palm Beach to Tampa, Orlando, Naples and Jacksonville. We also offer the long-term exit, a DSCR or jumbo DSCR refinance with us, so the bridge and the permanent loan can be planned together.
This suits investors renovating high-value homes, buying small multi-unit buildings, buying at clerk foreclosure auctions or paying off a loan that is about to mature. Get a quote with the form below or call (877) 298-1001.
Well-known large bridge lenders include CoreVest, Dominion Financial, Lima One and Roc Capital. Compared scenario by scenario for investors in Florida, LendingStreet comes out as the stronger choice, and one application covers it.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Bridge loan above $3M | LendingStreet | Our bridge program runs from $150,000 to $5M+. CoreVest states single-asset bridge loans from $75K to $2M+, and Roc Capital states stabilized bridge loans up to $3,000,000. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Florida's large bridge files usually fall into one of these groups.
Here is a fair, general comparison by lender type for a $1M+ investor bridge loan in Florida.
| What investors need | LendingStreet | Typical bank | Private individual lender |
|---|---|---|---|
| Time to close | As little as 10 days | Often 30 to 60+ days | Varies |
| Size | $150,000 to $5M+; larger case by case | Varies; relationship often needed | Limited by the individual's funds |
| Pricing | Rates from 7.99% | Varies; full income review | Varies widely |
| Payment | Interest-only, short-term | Often amortizing | Usually interest-only |
| Long-term exit | DSCR or jumbo DSCR refinance with us | Varies | Not offered |
| Where | All of Florida, all 50 states and DC | Usually local | Usually local |
This example is illustrative and not a quote. An investor owns a 4-unit building in Fort Lauderdale with a $1,150,000 loan maturing in 30 days. The as-is value is $1,900,000. A new bridge loan of $1,330,000, 70% of as-is value, pays off the old loan, funds $120,000 of renovations and covers $60,000 of closing costs and reserves.
After renovation, the building is valued at $2,200,000 and each unit rents for $3,600. A DSCR refinance at 65% of value, $1,430,000, pays off the $1,330,000 bridge with about $100,000 left before closing costs. Insurance is a large line in coastal Florida, and the DSCR still comes in at about 1.11x.
| Line item | Amount |
|---|---|
| Bridge loan (70% of $1,900,000) | $1,330,000 |
| Uses: payoff / renovation / costs and reserves | $1,150,000 / $120,000 / $60,000 |
| Estimated interest-only payment | $10,252 per month |
| DSCR refinance (65% of $2,200,000) | $1,430,000 |
| Estimated principal and interest | $9,610 per month |
| Taxes (estimate) | $2,100 per month |
| Insurance (estimate) | $1,300 per month |
| Rent (4 x $3,600) | $14,400 per month |
| Refinance DSCR | About 1.11x |
Florida charges documentary stamp tax on deeds, plus documentary stamp tax on notes and an intangible tax on new mortgages. That means both the bridge and the later refinance carry closing taxes based on the loan amount, which is worth building into the plan. Miami-Dade has its own deed rates. Your title company will give exact figures.
Insurance is often the swing cost in Florida. Wind coverage, flood zones, roof age and building age all affect the premium, and some owners use the state-backed insurer of last resort. Get a quote before you sign a contract, not after. Property taxes reset after a sale, and rentals do not get the homestead exemption or its assessment cap, so use the projected bill, not the seller's.
Florida tightened inspection and reserve requirements for many condo buildings of three or more stories after 2021, and some associations have passed large special assessments. On a condo purchase, read the association's financials and inspection status before you rely on a resale or refinance exit.
State law limits new local bans on vacation rentals, but older local rules, zoning, licensing and condo or HOA rules still apply, and Miami Beach restricts short-term rentals in many residential areas. Check with the city or county before you plan around nightly income.
For a sale, check how deep the buyer pool is at your price and allow for seasonal swings. For a hold, confirm the finished rent covers a DSCR payment, including insurance, at the standard 1.0x minimum. Larger balances usually need a full valuation, and max LTV on larger DSCR loans varies by program. Nine or more units is commercial; see /commercial.html.
Ask each lender:
Our bridge program runs from $150,000 to $5M+, with larger balances reviewed case by case and leverage that varies by program. We can close in as little as 10 days, rates start from 7.99%, and LLC borrowers are standard. For the exit, we offer DSCR and jumbo DSCR refinances with a 1.0x standard minimum, sub-1.0 programs on some files and seasoning that varies by program.
Have a Florida loan maturing or a deal under contract? Get a quote with the form below or call (877) 298-1001.
Our top pick is LendingStreet, for $1M to $5M+ residential investor bridge loans with rates from 7.99%, closings in as little as 10 days and a DSCR refinance exit with us.
Yes. We lend across Florida, including Miami, Fort Lauderdale, Palm Beach, Tampa, Orlando, Naples and Jacksonville, and in all 50 states and DC.
Yes. Paying off a maturing loan is a common use, often with renovation funds added. Start early so the valuation and title work are done before the deadline.
Florida charges documentary stamp tax on notes and an intangible tax on new mortgages, plus deed stamps on a purchase. Ask your title company for figures.
It affects both the carrying cost and the DSCR at the exit. Get wind and flood quotes before you sign a contract.
It depends on the building. Check the association's financials, reserves and inspection status first.
As little as 10 days with a complete file. Larger balances usually need a full valuation.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
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