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Codey Yingling
  • Palm Coast, FL
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New Construction Loan on Duplexes

Codey Yingling
  • Palm Coast, FL
Posted Jul 12 2022, 18:11

I recently applied for a new construction loan (10%) with Ameris Bank but she mentioned that most banks do not offer 10% construction loans on multi-family or in this case a duplex.  My wife and I are looking to build a duplex for our primary residence but I'm striking out with loan options.  

Trying to see if anyone has ran into this before or know of lenders who offer 10% new construction loans for duplexes?

Orlando, Florida

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