Three dedicated Spanish-speaking loan specialists now serve Hispanic business owners and real estate investors — ¡Hablamos español! Gelt Financial, a family-owned private lender based in Boca Raton, Florida, now has three Spanish-speaking team members dedicated to the private real [...]
Tres especialistas en préstamos dedicados a dueños de negocios e inversionistas hispanos — ¡Hablamos español! Gelt Financial, un prestamista privado familiar con sede en Boca Raton, Florida, ahora cuenta con tres miembros del equipo que hablan español, dedicados a las [...]
TL;DR: Deed-in-lieu of foreclosure vs. a bailout loan comes down to one question: do you give up the property or keep it? A deed-in-lieu transfers ownership to the lender, while a bailout loan pays off the default so you [...]
TL;DR: When choosing between a foreclosure bailout loan and a loan modification, a loan modification wins if your lender agrees and you can afford the new payment. A foreclosure bailout loan wins when time is short, the lender says no, or [...]
TL;DR: Bridge loan vs. foreclosure bailout loan comes down to tool versus job. A bridge loan is a short-term loan that carries you to a sale or permanent financing. A foreclosure bailout loan is a bridge loan with one [...]
TL;DR: A lis pendens is a recorded notice that a lawsuit could affect who owns or holds rights in your property. It isn't a lien, but it warns every buyer and lender that a court ruling may change the [...]
How a Bridge Loan Closed at 10.5% Delivered a 16% Effective Yield — and What That Means for Investors Overview This case study examines a real bridge loan originated by Gelt Financial, LLC that paid off significantly ahead of schedule. [...]
TL;DR: A notice of default is a formal letter from your mortgage lender or servicer stating that your loan is in default, whether from missed payments, a maturity default, or another breach of the loan terms. If you're a [...]
TL;DR: The right of redemption lets a former property owner reclaim a foreclosed home, either before the sale through equitable redemption, available in every state, or after the sale through statutory redemption, available in roughly half of the states [...]
TL;DR: The legal foreclosure process moves through a set sequence of stages, starting with a missed payment or some other act of default, moving into default notices and legal filings, and ending in a foreclosure auction where the property [...]
