Nelson Funding Closes $5,870,420 Construction Loan in Bend, Oregon

Nelson Funding Closes $5,870,420 Construction Loan in Bend, Oregon

Nelson Funding is proud to announce the closing of a $5,870,420 construction loan for a 43-unit townhouse development in Bend, Oregon. The $5.8m senior construction loan was structured as a revolver allowing the developer to save on upfront origination fees. The interest rate is 10% with only a three month pre-payment penalty. 

Nelson Funding is a leader in construction finance and lot development deals with the ability to structure 100% LTC financing for deals that don’t exceed 70% of completed value. Contact loans@nelsonfunding.com for a free consultation today.

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