Florida****************************...I own a lot and was planning to build a house on it. We signed a contract with builder and took out a construction loan which closed in May. They have taken a $20,000 draw to date but have not done anything to land. We are running into financial trouble and are thinking on waiting longer to build. Is it too late to stop the construction and loan? What can happen to the money I put down? ( $5,000 deposit to builder and and like $14,000 down on the construction loan at closing) Can I stop everything before it starts?What is the name of your state?