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...
Nelson Funding is pleased to announce the closing of a $1,392,228 construction loan in Toole, Utah. The loan proceeds will be used to develop 17 single family lots with each lot being roughly 5 acres. The project will be phased into 2 tranches with 7...
Nelson Funding is pleased to announce the closing of a $5,088,000 quick-close bridge loan in Ludlow, CA. The $5,088,000 bridge loan represents a 50% LTV at a 12% interest rate. Nelson Funding was approached by a repeat referral partner with a client in need of...
Nelson Funding is happy to announce the closing of a $3,500,000 rate and term refinance in Las Vegas, NV. Nelson Funding was able to secure a low rate of 4% with a 10-year term over a 20-year amortization. The deal provided a number of challenges...
Nelson Funding is proud to announce the closing of a $1,488,400 construction loan in Marysvale, Utah. The loan represents a 60% LTC at a 5.0% rate during construction. The loan proceeds will be used to construct a new RV Park. Once completed, the note has...
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...
Nelson Funding is pleased to announce the closing of a 100% LTC loan in Rexburg, Idaho. The loan proceeds of $248,400 will be used to build a for-sale single-family home in the rapidly growing area of Rexburg, Idaho. The client is a repeat borrower of...
Nelson Funding is pleased to announce the closing of a $1,268,465 construction loan in Payson, Utah. The funding represents a 78% LTC at 5.00% interest. The loan proceeds will be used to build a mixed-use building with retail space on the main floor with apartments...
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...
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