NV Capital Corp., one of Nevada’s leading brokers of private money loans, bridge loans and high-yielding investments, has announced its successful closure of Ely, Nevada, home improvement projects. Nevada Capital Corp. funded two home improvement deals in Ely in January and May of 2024, with an investment total of $370,000 between the two houses.NV Capital Corp. provided funding to refinance an existing loan for 1264 Lyons Ave., a 704 square-foot property, enabling the borrowers to complete their renovation efforts. The property was finished earlier this month, October 2024.
Additionally, NV Capital Corp. assisted in securing a cash-out refinance for a 1,393 square-foot property at 960 Ely St. This financial support allowed the owners to finalize the remodeling of the structure, which is now complete. In an effort to address housing demands for professionals working in the area, the property owners will offer month-to-month room rentals.
“We are grateful to continue to support rural development in Nevada and help with the growth of Ely’s housing market,” said NV Capital Corp. Loan Originator Laine Blackmon. “Projects like these Ely ones show our diversity in funding as well as our dedication to assisting those who want to help revitalize and beautify different residential aspects within our state.”
NV Capital Corp. Broker and Owner John Blackmon added, “We are committed to supporting homeowners and improving the local real estate landscape. We are pleased to help individuals and developers with their hard-money loan needs.”
