Mortgage

Rocky Butani, President of PrivateLenderLink.com, talks with Jack Miller 10-3-18

Jack Miller, President of Gelt Financial, LLC talks to industry expert Rocky Butani, Founder and President of Private Lender Link.com about finding and using hard money and private lenders in an efficient way using his web site. He works with borrowers and lenders nationwide on finding the best lender for them. We also talk about what is hard money and private lending, why is there a need for it, who uses it and makes money with it. Is it [...]

Blanket Mortgage Closed in South Carolina No Income Verification

Gelt closed a first mortgage for an investor with the purchase of 6 condominiums all located in the same community. Instead of buying each unit individually we were able to help this borrower with a no income verification blanket loan on all 6 properties. With a 25% down payment he was able to add these South Carolina properties to his portfolio. 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 [...]

Closing in Jackson, MS Commercial Property

We were excited to close a first mortgage on a value add property in Jackson, MS. This was brought to us by a mortgage broker, the property was partially occupied with long term tenants. It also had a lot of upside which the investor saw. When his bank says No, We said yes and financed this deal. 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 [...]

Philadelphia Closed Mortgage- Investor Rehab

First mortgage closed in Philadelphia on a mixed us property that the owner had purchased and needed to be fixed up. The Investor saw potential value, came to us and we lent her the funds she needs to fix up the property and lease it out. 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 [...]

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 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