10 Nov Closes $5,514,975 Land Entitlement Loan
Nelson Funding is pleased to announce the closing of a $5,514,975 land loan at 75% LTV in Draper, Utah. Nelson Funding was able to secure a low rate of 5.5% for our experienced client. The loan proceeds will be used to complete entitlement work on a large multifamily development.
Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best financing for the respective projects. Nelson Funding has provided financing for over 75 projects and placed more than $300mm of capital. Nelson Funding has the experience to get almost any project funded: from new construction, to cash-out refinances, to land development, and more. If you have a scenario you would like us to review, send us an email to firstname.lastname@example.org or visit our webpage at nelsonfunding.com/apply-now.