Closed loan on a Mixed use property. We financed this borrower one year ago right out of a bankruptcy with a one year term loan, now they have reestablished there credit and we provided them with permanent financing. We love making people happy. When your bank says No, We say Yes.
We want to earn your business, until the end of April there is no appraisal cost on some new loans, No incomer verification and Foreign national mortgages. call us today at 561-221-0900 or contact us at info@Geltfinancial.com
"Jack, Congratulations to the Gelt Team! Felix is a keeper!!! Most definitely, you will see more deals from my company."
Gelt Financial, LLC is pleased to be back in Scotsman Guide. Gelt and its management have been lending to small commercial property owners and investors since 1989. Gelt offers commercial mortgage products that banks don’t, as an example. No Income Verification commercial Mortgages programs, Credit Problem Loans, Loans to LLC’s and Bridge loans. Gelt is known for its flexible underwriting with quick approvals and closings. Borrowers love dealing with us because they can speak directly to the decision makers. We [...]
Closed Loan: After being frustrated by other lenders we were pleased to help another real estate investor in Washington DC on the refinancing of his 4 unit multifamily property. We provided him with a cash out refinance, which he wanted to purchase another property. When his Bank said No, we said yes with a fully amortizing mortgage. Gelt Financial has been providing financing to real estate investors and owners of commercial real estate since 1989. When your bank says No [...]
We are pleased to provide financing for a real estate investor on a cash out refinance on an investment property in Pennsylvania. The borrower cashed out to pay tax liens as well as pursue additional investments. This was done as a No Income Verification and No Tax Returns deal that closed in less than 30 days. We love helping investors and business owners and supply them with the capital they need when others are saying no, we say yes.
We are pleased to help another small business owner and provide them with a cash our refinance mortgage on a liquor store they owned in Dearborn, Michigan, they came to us wanting to purchase the adjoining the next door property and expand their business. We provided them with a 30 year amortization cash out refinance mortgage. We love helping investors and business owners and supply them with the capital they need when others are saying no, we say yes.
Gelt Financial, LLC is pleased to announce that is has purchased the debt of two Multi Family mortgages that are in Chapter 11 Bankruptcy. According to Jack Miller, Gelt’s president, “we have been purchasing opportunistic debt since 1990 when our first purchase was a 13 Million portfolio of credit card debt from the Resolution Trust Corporation, along the way we have purchased portfolios of consumer discount paper, tax liens, and many commercial mortgages”. In 2006 Barron’s wrote a piece [...]
Gelt Financial, LLC is pleased to announce that it has closed another mortgage under its no income verification investment property mortgage program, this was a cash out refinance on an investment property. Under this streamlined program there are no income verification's and no tax returns required. The borrower used the cash from this refinance to puchase another investment propertyand growing his portfolio. The loan had a 30 year term with no ballon. According to Jack Miller, Gelt is financing more and [...]
Gelt Financial arranged a cash out refinance for a client that owns a single family investment property. The loan amount was $130,000.00 with a 30 year amortization and no balloon. It was done under our No Income verification loan program. Our No income verification program lets owners of investment properties and owner occupied business and commercial properties purchase and refinance them without a lot of the red tape that banks do. In this case 3 other lenders turned down [...]