Nelson Funding is proud to announce the closing of a $249,450 loan for a six-plex multifamily building in Ogden, UT. Nelson Funding secured a 10 year fixed rate at 4.7% at a 25-year amortization. The loan did not require an appraisal and was closed in...
It's not uncommon for people to oversimply the amount of hard work and effort that goes into launching a business venture. To some potential entrepreneurs, the only thing that stands between them and their dreams is a bank loan to get everything started. However, it's...
Nelson Funding is proud to announce the closing of a $6.1mm revolver to complete horizontal work on 45 lots and build out 11 homes in Denair, CA. Denair is a suburb of the Modesto area and this project will help alleviate the pent-up demand for...
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...
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