$4,039,000 Single Family Construction Loan in Roseville, CA

SFR construction

$4,039,000 Single Family Construction Loan in Roseville, CA

The Nelson Funding team is pleased to announce the recent closing of a $4,039,000 construction loan in Roseville, California. The loan proceeds will be used to build six single family residences in growing suburb of Sacramento. The loan represents an 86% LTC at a 7.75% interest rate for a repeat client of Nelson Funding.  Nelson Funding was able to quickly identify a capital partner who was able to provide competitive financing for a very well qualified borrower.

 

Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best possible financing for their respective projects. Nelson Funding has provided financing for over 80 projects and placed more than $600mm of capital. Nelson Funding has the experience to get almost any project funded: from new construction to cash-out refinances, land development, and more.

 

Next time you need a single family construction or development loan in the growing Sacramento, California commercial real estate market, call the experienced team at Nelson Funding. Our team will happily review your commercial real estate project and quickly identify the best capital solutions for your development. If you have a scenario you would like us to review, send us an email at loans@nelsonfunding.com or visit our webpage nelsonfunding.com.

 

Nelson Funding remains committed to helping our clients secure the best financing for their Sacramento, California area commercial real estate projects despite a rising interest rate environment and tightening lending standards. With Nelson Funding’s capital market relationships and highly experienced team we are still placing high leverage debt for all deal types including land development, single family construction, multifamily construction, industrial, office, retail, hospitality, special-use, cannabis and more.

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