Nelson Funding is pleased to announce the closing of a 75% LTV construction for a mixed use property in Garden Grove, California. The team at Nelson Funding was approached by a client who was searching for an attractive blend of speed to close and competitive...
Nelson Funding Multifamily Construction Loans Multifamily Construction Loans General Overview of Terms: 90% Loan to Cost 70% Loan to completed value 30 Day Average Close Time 7.99-8.99% 2.5-3 points Eligible property types: land, single-family homes, multifamily homes Purpose: Construction Multifamily Construction Loans: Nelson Funding is now able...
Utah Commercial Real Estate Loans: Nelson Funding is pleased to announce the closing of a $1,925,000 loan to purchase a warehouse loan in Salt Lake City, UT. The loan represents a 70% LTV mortgage with a 15-year term. The borrower plans to hold the property...
California Land Development Loans: Nelson Funding is pleased to announce the closing of a $1,570,000 development loan in Lake Elsinore, CA. The loan represents a 54% LTV mortgage with an initial 12 month term. Loan proceeds will be used to acquire 90 acres of land...
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%...
A poor credit rating might prevent you from getting the cash you need for your business. But there are other options for entrepreneurs who can use real estate or other assets as collateral. If you don’t qualify for a traditional business loan, then hard money...
There are a lot of options when it comes to purchasing real estate for your business. There seem to be even more options when it comes to financing your real estate purchase. You may need some extra money and are looking at different Utah bridge...
Nelson Funding is proud to announce the recent closing of a $9,100,000 refinance in Heber City, Utah. Our client had completed the first phase of a large condo hotel development and needed to refinance their current lender. Nelson Funding was able to arrange a bridge...
Nelson Funding is pleased to announce the closing of an $11,894,113 construction loan to provide horizontal and vertical financing for 18 new homes in Sacramento, California. The loan is structured in two phases: 1) to complete horizontal improvements and 2) to begin vertical construction of...
Nelson Funding is pleased to announce the closing of a $4,000,000 cash out refinance in Sandy, UT. Nelson Funding was approached by another broker who had a client needing to close immediately on a cash out refinance. The proceeds were being used to acquire another...
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