Nelson Funding Closes Refinance and Construction Loan In Moab, UT

Closes Refinance and Construction Loan In Moab, UT

Nelson Funding Closes Refinance and Construction Loan In Moab, UT

Nelson Funding is pleased to announce the closing of a refinance and construction loan for a multifamily property in Moab, UT. The loan proceeds will go towards building a new multifamily building which will provide market-rate units for the local population. Nelson Funding was able to secure financing at 5.25% interest at 75% LTV along with an option to convert to lower cost to capital option at stabilization.

 

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, 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.

No Comments

Post A Comment

a

Nelson Funding

Fast Commercial Mortgages