Gelt Financial just refinanced an operating Gas station and C store in Pleasantville, New Jersey. When the owner of this property found himself on the receiving end of a default notice from his bank, after going to numerous other banks and lenders, Gelt refinanced the mortgage and took the risk away of his existing bank foreclosing on him.
According to Jack Miller, this is not uncommon to have mortgages paying their banks perfectly and for technical or other reasons the banks put them ion default leaving the owners in desperate and very stressful situations. In fact, it’s common today, it’s a terrible situation bank put good hard-working people in all the time.
Gelt Financial, is a private portfolio lender and we work with borrowers who have unique challenges and issues and customize a lending product that meets there needs, borrower deal directly with the decision-makers who listen and understand.
When dealing with Gelt you deal directly with the decision-makers as well the same people service your loan, so we get to know our borrowers and really work with them through the process.
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
Purchase, Refinance, Storied Loans Bridge Financing, Debtor in possession, Joint Ventures, Equity / Mezzanine, Foreclosure/DPO, Partnership Buyouts, Subordinated Debt, Acquisition, Judgement Payoffs, Note Financing, Recapitalization, Rehab, and Value-Add deals.
No Income verification and 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.
Gelt offers to finance 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,