Closing $1,149,000 Multifamily Loan in Ogden

13 Mar Closing $1,149,000 Multifamily Loan in Ogden

Nelson Funding is pleased to announce the closing of a $1,149,000 multifamily bridge loan in Ogden, UT for a repeat borrower. The loan included 80% of the purchase price and 100% of the necessary renovations at 7.99%. Nelson Funding was able to move quickly when the borrower was under a tight deadline to close.

Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best financing for their respective projects. Nelson Funding has provided financing for over 50 projects and placed more than $200m of capital. Nelson Funding has the experience to get almost any project funded: from new construction, cash-out refinances, to land development, and more. If you have a scenario you would like us to review, send us an email to loans@nelsonfunding.com or visit our webpage at nelsonfunding.com/apply-now.