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We love it when it all works out well. Happy Borrower, Happy Gelt.

About 18 months ago we received a referral from a workout attorney, he had a client who owned a multi-location small business. Their current lender a local bank had put them in default and they stopped accepting payments from them. We looked at it quickly and issued an approval. It took about 6 months for the bank to agree but they agreed to take less then was owed and we closed the loan. The borrower could not go to [...]

Multi Family Mortgage-Freddie Mac Small Balance Closing

Gelt Financial assisted the owner of a 35 unit apartment building in North Huntingdon, PA in arranging a cash out refinance using the Freddie Mac Small Balance Loan program.  The Borrower will be able to use the proceeds for additional investments.  Just as important, the Borrower was able to get an attractive ten year fixed rate. Robert J. Krupka Gelt Financial Corporation (561) 221-0900 ext. 218 RobertKrupka@geltfinancial.com   Gelt offers financing to real estate investors and commercial property owners with programs that include no income [...]

Cash out refinance on Free standing Restaurant suburbs of Pittsburgh

We just provided an experienced investor a cash out refinance on Free standing Restaurant suburbs of Pittsburgh, established tenant, but the owner  had a lot of credit challenges due to other matters in his life. Causing banks and other lenders so say no.   Our financing gave him the valuable liquidity he needed We are fast and flexible, deal directly with the decision makers, when your bank says No, We say Yes. 561-221-0900 or www.Geltfinancial.com    Gelt offers financing to real estate investors and [...]

Loan refinancing commercial mortgage, no income cash out Miami, Florida

Miami, Florida, closing on free standing school building used as a Collage, No income verification, Self-employed, $1,225,00.00 Cash out First mortgage e are fast and flexible, deal directly with the decision makers, When your bank says No, We say Yes. 561-221-0900 or www.Geltfinancial.com    Gelt offers financing to real estate investors and commercial property owners with programs that include no income verification mortgages, Bank turn downs and credit problems welcomed, bridge mortgages, foreclosure buy out mortgages, foreign national programs, Contact us online at [...]

Closed Commercial Loan Philadelphia, Pa

We provided the financing for a hard working self-employed business women to purchase a used car lot and repair center in Philadelphia, Pa. Under our No income documentation business owner programs. The loan amount was $225,000.00   We are fast and flexible, deal directly with the decision makers, When your bank says No, We say Yes. 561-221-0900 or www.Geltfinancial.com    Gelt offers financing to real estate investors and commercial property owners with programs that include no income verification mortgages, Bank turn downs and credit [...]

Closed Loan on vacant single family investment property

Closed Loan, Gelt was able to assist this borrower obtain financing for her vacant Single-Family investment property in upstate NY. The property has been vacant for some while and with minimal documentation we were able to refinance her property with a no income verification program. She is going to use the cash out to improve the property and get it on the market for lease. When your Bank Says No We say yes  

Closed Loan cash out refinance on his mixed use building in Philadelphia PA

Closed loan- We were able to help this borrower obtain a cash out refinance on his mixed use building in Philadelphia PA. The borrower was able to pay off his higher interest 1st mortgage which was ballooning in a few months, and have working capital for his family owned business which also occupies one of the units in the building. When your bank says No, We say yes 561-221-0900 or www.GeltFinancial.com  

Closed Bridge Mortgage on Multi Family

Closed $3,050,000.00 Bridge financing for a 28 unit apartment in Detroit. The sponsor will use the funds for additional investments as he continues to improve operations. The apartment building represents continued economic growth in the downtown area. When your bank says No, we say Yes, 561-221-0900 or www.Geltfinancial.com  

An email we just received from a mortgage broker.. We love working with mortgage brokers and have some so for 30 years.

An email we just received from a mortgage broker.. We love working with mortgage brokers and have some so for 30 years. Dear Jack and Marcy, All too often it is easy to make phone calls to press for requests when everyone’s “hair is on fire” and then the loan closes and it’s off to the next file without Thanking the team who made it all possible. I want to sincerely Thank You all for the great work in making the transaction so smooth and [...]