Closing $24MM Construction Loan in Galt

02 Mar Closing $24MM Construction Loan in Galt

Nelson Funding is pleased to announce the closing of a $24,246,066 construction loan to build 40 single-family residences and develop an additional 40 lots in Galt, CA. The loan represents a 79% LTC for our borrower. Nelson Funding would like to thank our capital partners for making this a smooth transaction.

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 $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 at loans@nelsonfunding.com or visit our webpage at nelsonfunding.com/apply-now.