25 Oct Provo Utah Hard Money
Nelson Funding is a leader in private lending in Provo area and throughout all of Utah. Nelson Funding specializes in placing hard money loans for new construction deals from everything ranging from new construction to cash out refinances. Our friendly team of commercial mortgage experts are on standby to help you with whatever your endeavors may be.
Provo area is a diverse and growing market making it an ideal place for private and hard money. Nelson Funding specializes in arranging new construction loans for multifamily or apartment projects. The minimum deal size is typically $3m for new construction capping out at $500m+.
Nelson Funding is a leader in the Utah market for helping aspiring developers get financing for their respective projects. Most multifamily or apartment construction loans are priced at rates starting at or around 4% interest at 70% LTC making them an attractive option.
Nelson Funding is able to deploy capital at leverage points up to 100% loan to cost as long as the loan does not exceed 70% of completed value. This makes Nelson Funding an ideal choice for most developers/builders as rates start at just 4% interest.
Nelson Funding is also an expert in placing permanent financing for multifamily or apartment projects with rates starting in low 3% range. Whether the deal size is $1m or $500m+ Nelson Funding is able to secure a low permanent cost of capital.
Contact Nelson Funding at Loans@nelsonfunding.com today for a free consultation from a friendly commercial loan expert today. We look forward to sharing our knowledge and expertise in the Utah and Provo area Markets with you and helping you secure financing for your multifamily or apartment project today.