Nelson Funding Closes $1,253,000 Multifamily Cash Out Refinance in Utah

Nelson Funding Closes $1,253,000 Multifamily Cash Out Refinance in Utah

Nelson Funding is pleased to announce the closing of a $1,253,000 multifamily cash out refinance in Sandy, Utah. Nelson was able to secure a low rate of 3.74% at 70% LTV. The borrower had previously been declined from numerous lenders. Nelson Funding was able to work with a trusted lending partner to work around these issues and provide the borrower with the best terms available. 

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 50 projects and placed more than $200m 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 loans@nelsonfunding.com or visit our webpage at nelsonfunding.com/apply-now.

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