WOODEN NICKEL FUNDING
2417 Welsh Road Suite 21-232
Philadelphia, PA 19114
Wooden Nickel Funding is a Philadelphia, Pennsylvania Hard Money Lender that specializes in offering Residential Home Bridge Loan and Commercial Construction Loan. They offer Rehab Loans, Commercial Bridge Loans and Raw Land Loans.
General loan parameters including loan amounts from $1 million to $100 million, 100% LTV, interest rates from 7% to 9%, original fees from 1 to 3 points and loan terms from 12 to 60 months. To process loans, they require executive summaries and/or business plans, explanation of funds, profit projections, Articles of Incorporation, bank statements, resumes of principal owners, operating agreements, legal counsel contact and bank contact information.
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