Piggyback Second Commercial Mortgage

By |1 min read|Published On: June 20th, 2019|

second commercial mortgage - Gelt Financial

Gelt Financial, LLC is pleased to announce and is now offering a second commercial mortgage program on some income producing properties where we are offering a first mortgage of 5% of the value of the property.

According to Jack Miller, President of Gelt. “We recognize that sometimes investors and borrower just need more”, so we are offering more proceeds with this fully amortizing Piggyback second commercial mortgage.

Gelt is always looking to solve the needs of its borrower, real estate investors and business owners and we think this is a great way.

Gelt Financial offers private financing to real estate investors and commercial property owners with programs that include:

  • No income verification mortgages
  • Bank turndowns and credit problems welcomed
  • Bridge Mortgages
  • Foreclosure buy out mortgages
  • Foreign national programs
  • Hard money loans
  • Purchase
  • Refinance
  • Storied Loans
  • Bridge Financing
  • Debtor in Possession
  • Joint Ventures
  • Equity/Mezzanine
  • Foreclosure/DPO
  • Partnership Buyouts
  • Subordinated Debt
  • Acquisition,
  • Judgment Payoffs
  • Note Financing
  • Recapitalization
  • Rehab and Value Added deals
  • No Income verification
  • Light documentation
  • Blanket Loans
  • Foreign nationals
  • Non-Recourse programs
  • Commercial Second Mortgages
  • No seasoning programs
  • Discount note purchasing financing,
  • Joint ventures
  • Mezzanine
  • Preferred equity and partnership programs
  • No minimum credit scores
  • 100% Gift Funds
  • No look back on previous bankruptcies and foreclosures

When your bank says No, we say Yes!

Contact us at 561-221-0900.

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