Hard Money Lender vs. Traditional Bank
The benefits of using a hard money lender versus a bank: There are several benefits to using a hard money lender, also known as a private lender, instead of a traditional bank for your real [...]
Closed: $800K Dollar General Portfolio – First Mortgage
JUST CLOSED IN WARREN, OHIO! Gelt Financial is excited to announce we just closed a Dollar General in Warren, OH. This First Mortgage was for a repeat borrower and needed to close FAST. The borrower used our private funding [...]
How To Close Deals Quickly in 2023
Gelt Financial is a top hard money lender that is known for its ability to close loans quickly, often in just a few weeks. Unlike traditional lenders, who often require extensive documentation and a long underwriting process, Gelt Financial is able [...]
Private Lender Gelt Financial Closes $4.3MM NNN Property Portfolio
JUST CLOSED IN CHATTANOOGA, TENNESSEE + MACON, GEORGIA + DANVILLE, ILLINOIS! Gelt Financial is pleased to announce that they recently closed a $4.3MM First Mortgage on a NNN Portfolio in Chattanooga, TN, Macon, GA and Danville, IL. This portfolio [...]
Learn the Pros and Cons of Mezzanine Financing from Gelt Financial
Mezzanine financing is a type of capital that is used to finance a variety of different types of commercial real estate projects. Unlike traditional loans, which are secured by the property itself, mezzanine financing is typically structured as a [...]
Everything You Need to Know About Second Mortgage Loans
Second mortgages are a type of loan that are secured by the equity in a property. This means that the loan is secured by the value of the property above and beyond any outstanding first mortgages or liens. In [...]
Closed: $225K First Mortgage in Citrus Springs, FL
JUST CLOSED IN CITRUS SPRINGS, FLORIDA! Gelt Financial just closed a $225K First Mortgage on an owner-occupied restaurant in Citrus Springs, FL. Our borrower bought both the restaurant and real estate. They needed a private mortgage so we provided [...]
Private Lender Gelt Financial Closes $4.3MM NNN Portfolio Loan
Gelt Financial is pleased to announce we just closed a $4.3MM First Mortgage on a NNN Portfolio. The 1031 transaction included three properties in Chattanooga, TN, Macon, GA and Danville, IL. We were able to close the deal in [...]
Closed: $300K First Mortgage in Queens, NY
JUST CLOSED IN QUEENS, NEW YORK! Gelt Financial is excited to announce we closed a $300k First Mortgage on a Single Family Investment Property in Queens, NY. The borrower was looking for a cash-out refinance and came to Gelt [...]
Closed: $400K First Mortgage in Boca Raton, FL
JUST CLOSED IN BOCA RATON, FLORIDA! Gelt Financial is proud to announce we just closed a $400k single-family construction loan in Boca Raton, FL. A mortgage broker sought a bridge lender, so he brought this loan to Gelt's attention. [...]