Nelson Funding is proud to announce the closing of a $192,500 fix and flip loan in Idaho Falls, Idaho. Nelson Funding provided leverage of 70% of the purchase price and provided 100% of the rehab amount. The interest rate was 8.99% given the borrower’s experience. Nelson...
Nelson Funding is proud to announce the closing of a $1,237,500 bridge loan to acquire a 28 unit multifamily property in Lakeland, FL. Borrower needed a quick close after their previous lender didn’t perform. Nelson Funding was able to secure a 75% LTV loan at...
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%...
Nelson Funding is proud to announce the recent closing of a $724,00 mezzanine construction loan to complete horizontal and vertical work of a 26 twin-home project in El Cajon, CA. The mezzanine piece combined with the senior debt arranged by Nelson Funding reflects a combined...
Nelson Funding is proud to announce the recent closing of a $5,197,500 senior construction loan to complete horizontal and vertical work of a 26 twin-home project in El Cajon, CA. Nelson Funding secured an 80% LTC senior construction loan that was able to close in...
Nelson Funding is proud to announce the recent closing of a $1,794,000 senior mortgage for an 18-unit multifamily building in Ogden, UT. Nelson Funding was able to secure a rate of 7.99%. The client is renovating and improving the apartment complex. Nelson Funding secures $2m-$100m+ private...
Nelson Funding is happy to announce the closing of a $308,000 bridge loan in Salt Lake City, UT secured against a Class B Duplex. Nelson Funding was able to secure an interest rate of 8.49% at 70% Loan to Value (LTV) for the repeat client....
Nelson Funding is proud to announce the closing of an $850,000 bridge loan in Salt Lake City, UT. The borrower is a repeat client who wasn’t able to provide tax returns. Nelson Funding secured a 9.99% bridge loan at 70% LTV against a 14-unit Class...
Nelson Funding is proud to announce the closing of a $2,200,000 Fix n Flip loan in Ogden, UT for a repeat client. Nelson Funding was able to secure a 70% Loan To Value, 100% of Rehab Cost loan at 9.5% interest to refinance and rehab...
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