29 Oct Closing $2,400,000 Church Permanent Financing
Nelson Funding is pleased to announce the closing of a $2,400,000 loan in Mount Vernon, NY. The proceeds are used to provide a 25 year term loan to allow the church to have manageable payments while caring for their congregation. The loan represents a 65% LTV and was funded via a brokered bond offering, a first for Nelson Funding.
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 75 projects and placed more than $500mm of capital. Nelson Funding has the experience to get almost any project funded: from new construction to cash-out refinances, land development, and more. If you have a scenario you would like us to review, send us an email at firstname.lastname@example.org or visit our webpage at nelsonfunding.com/apply-now.