TWO PROGRAM OPTIONS We Offer Two Construction-to-Permanent Funding Programs

PROGRAM 1: Conventional, VA and Self- Employed Construction-to-Permanent Funding utilizing both traditional and self- employed financing for borrowers with documented income, strong credit, and a stable financial profile. PROGRAM 2: No Doc Construction-to- Perm Funding utilizing alternative financing for investors, and borrowers with non-traditional income who prefer not to provide tax returns or traditional income documentation. One-Time Close Construction Financing allows you to build and finance your primary residence, second home, or investment property with a single loan and one closing. This streamlined approach combines both the construction phase and the permanent mortgage into one seamless transaction, eliminating the need for multiple loan applications and duplicate closing costs. By consolidating the process into one loan, borrowers benefit from reduced paperwork, faster approvals, and a more efficient path from groundbreaking to move-in. During construction, funds are disbursed in stages to your builder, and once the project is complete, the loan automatically converts into long-term financing without the need for a second closing or re-qualification. The result is a simplified, cost-effective financing solution that provides greater convenience, improved cash flow management, and peace of mind throughout the entire building process. How It Works • Apply once for both construction and permanent financing. • Close once: pay just one set of closing costs. • Draw funds: as your project progresses (foundation, framing, finishing). • Convert automatically to a traditional mortgage: (15- or 30-year term) when construction ends. • Enjoy fixed rates: and predictable payments on your completed home. • Typical construction period: up to 12 months (it varies by project). Why Choose 1st Florida Lending? • Competitive rates: on both construction and permanent financing • Flexible draw schedule: tailored to your build timeline • Expert guidance: through every phase form land purchase to construction draws, inspection, and permanent conversion • Interest-only payments: during the build phase to manage cash flow • Local expertise: Deep knowledge of Florida construction costs, permitting, and market trends