Closed Loan, No Income verification Cash out Refinance on Partially occupied offices

Closed Loan, No Income verification Cash out Refinance on Partially occupied offices

We were able to assist a borrower with a cash our refinance out on his 3 unit medical office building in Green Bay, WI with limited documentation.

The building has 3 units one of which the borrower occupies. One of his 3 units was vacant from a recently moved tenant we were able to get the loan funded to allow the borrower to rehab the unit to accommodate his new tenant moving in January 2018.

We were able to get the loan funded prior to the new tenant moving in with only a signed lease and a copy of the deposit check.

When your bank says No, we say Yes, Gelt offers non-bank financing to real estate investors and commercial property owners with programs that include no income verification loans, No seasoning, Bank Turn downs and credit problems welcomed. Contact us online at www.Geltfinancial.com or at 561-221-0900

 

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