Nelson Funding is pleased to announce the closing of a $2,040,000 bridge loan for a 28-unit multifamily building in Ogden, Utah. Nelson Funding was able to close quickly and perform when other lenders backed out. The bridge loan carried an interest rate of 8.875% at...
Nelson Funding is proud to announce the closing of an $840,000 fix and flip loan in Southern California. Nelson Funding provided financing at 85% of the purchase price and 100% of the rehab amount which equaled 70% of the after repaired value (ARV). The borrower is...
Nelson Funding is proud to announce the closing of a $211,000 loan for a fix and flip property in Elmhurst, IL. Nelson Funding secured a 70% LTV loan giving the borrower enough funds to complete their project. Nelson Funding is a leader in financing commercial real...
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%...
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