Applications / Mortgage Analytics / Lenders / Florida / Constructive Loans
Tampa, FL · Non-bank or government lender · CFPB · 1,588 loans in 2025
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1,588
loans originated, 2025
2,052
applications, 2025
31
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Constructive Loans, a Tampa non-bank lender that mostly refinances conventional loans, makes most of its loans in poorer and majority-minority neighborhoods, and its lending has nearly tripled since 2023.
Refinances made up 78.6% of its 1,588 loans in 2025 and purchases the rest. Every loan was conventional, and none was on a manufactured home. Its typical loan, $185,000, is smaller than at about nine in ten similar lenders, non-bank lenders making between half and twice as many loans, against $335,000 for the group.
Some 70.3% of its loans went to low- and moderate-income (LMI) neighborhoods, against 28.6% for peers, and 72.2% to majority-minority neighborhoods, against 42.3%. Both put it at the top of its 31 peers. Its filings do not allow its lending to LMI borrowers to be measured.
It lent in 122 metros across 31 states, with Pennsylvania its main state. Its loans rose 20%, close to peers' 18% and above the market's 10%. It ranks 91 of 784 lenders in Philadelphia and 66 of 365 in Trenton-Princeton. In 2025 it entered Raleigh, Jackson, Mississippi, and the Sebastian-Vero Beach area.
It first reported in 2020, with 557 loans, and made 820 in 2021. It then reported only 49 loans in 2022 before climbing to 587 in 2023 and 1,327 in 2024. A fall that sharp and that brief may reflect a change in what it reported, or a pause in lending, rather than lost business; the record does not say.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2020–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Constructive Loans took 2,052 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 78.6% · Purchase 21.4%
Conventional 100.0% · of 1,588 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Pennsylvania | 346 | 21.8% |
| New Jersey | 322 | 20.3% |
| Delaware | 136 | 8.6% |
| New York | 108 | 6.8% |
| Texas | 98 | 6.2% |
| Ohio | 89 | 5.6% |
| Michigan | 69 | 4.3% |
| West Virginia | 66 | 4.2% |
| Florida | 64 | 4.0% |
| Georgia | 45 | 2.8% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Philadelphia | 248 |
| Newark | 145 |
| Wilmington | 137 |
| New York-Jersey City-White Plains | 75 |
| Cleveland | 62 |
| San Antonio-New Braunfels | 61 |
| Detroit-Dearborn-Livonia | 49 |
| Lakewood-New Brunswick | 42 |
| Trenton-Princeton | 35 |
| Camden | 34 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300YMIOLU51FSTO86 | 2020–2025 |
Established 6 October 2017. Reported under HMDA 2020-2025.
Mergers, name changes, data editions and corrections: Constructive Loans's data.
Constructive Loans's data
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