Nelson Funding is pleased to announce the closing of a $740,000 loan at 75% LTV. Our client used the proceeds to purchase a new investment property in Salt Lake City. Nelson Funding was able to secure a low rate of 3.75% fixed for 10 years with a 25-year amortization. Our experienced capital partners made this an easy closing that closed in a timely manner.
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 to loans@nelsonfunding.com or visit our webpage at nelsonfunding.com/apply-now.