Mr. Weldon is a graduate of the National Commercial Lending Graduate School of Banking at the University of Oklahoma where he received the designation of CCL, Certified Commercial Lender. He completed coursework at Williams College, Duke University, advanced real estate at Harvard University and has been a guest lecturer at Carlson School of Business at the University of Minnesota.
Mr. Weldon served as President of Valley National Bank in Apple Valley, MN and as Vice President and COO of Fidelity Bank and Trust Co. in Burnsville, MN. He was also a Vice President with First Bank Edina in Edina, MN, where he headed various lending departments as well as being charged with Strategic Planning for the bank.
With more than 30 years in the real estate and financing fields, Mr. Weldon will use these skills to appropriately structure the proper financing package.
"My company is broadening its product line to include small-balance real estate mortgages loans from Loans from $100,000 to $5 million. Our loan programs are unique in that they require as little as 10 percent down with terms up to 40 years. We underwrite our loans and take into consideration credit scores, loan to value ratios and debt service coverage. An appropriate program is tailored to each client based on the strength of these criteria. We have programs to fit any financial strength or need. We also offer other types of Commercial Real Estate Loans up to $50 million" said Howard L. Weldon, president of WEL-DONe Real Estate Financial Services, Inc.
WEL-DONe Real Estate Financial Services, Inc. offers financing to the small business owner as well as to some of the larger and more complicated real estate projects. Our financing partners include institutional lenders, life insurance companies, commercial banks, real estate investment trusts, private capital investors and conduits. We finance projects locally in Minnesota and nationally. Our commercial mortgage programs make it easier than ever to own the location of your business. Stop paying rent and start increasing your net worth. We offer low down payment, long-term loans with fast approvals and closings.
Our client base also includes, financial institutions, residential realty companies, residential mortgage companies, attorneys and accountants. It is our desire to complement the total service package of our clients and not compete for their business. We work in partnership with financial institutions on loan requests that don't quite fit their portfolio requirements. For realtors, we can greatly enhance their ability to market and close their listings by offering financing alternatives that are creative and cost effective.
WEL-DONe Real Estate Financial Services was formed in 1991. Over the years, we have been instrumental in financing residential and commercial real estate developments, office buildings, office/warehouses, apartments, strip centers and churches. We can assist clients for virtually any type of financing need.
One of our new products is gas station financing for local owners. There are very few lenders in the United States of this product because of the stringent environmental issues surrounding the transaction.