Closed: $715K Blanket Refinance in Vero Beach, FL

Just Closed! Gelt Financial has successfully closed a $715,000 blanket refinance for three single-family homes in Vero Beach, FL. The properties, all located in the same neighborhood, were refinanced at 41% LTV with no income verification. This financing helped pay off a ballooned mortgage that was in default and provided the investor with capital for other business opportunities.
At Gelt Financial, we specialize in creative solutions for real estate investors, even in challenging situations. If you’re facing a tight deadline or need flexible financing, we’re here to help. When your bank says NO, we say YES!
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender. We closed more than 10,000 loans totaling over $1 billion since 1989. Gelt focuses on providing debt to non-bank borrowers on all types of commercial real estate, including but not limited to multifamily, office, retail, warehouse, industrial, self-storage, and mixed-use.
For more info on how Gelt can help you with an investment property or on any of our other various products and services, look at what President Jack Miller does on Gelt’s YouTube channel, and for more info on our completed deals, check our Deals Done.
Private Money Lender – Related posts
Gelt Financial just closed and funded a first mortgage on a 7-unit condo Portfolio in Orlando, Florida. The buyer was a first-time investor who could not obtain financing through a [...]
Gelt Financial, LLC was pleased to provide a $1,800,000.00 non-recourse first mortgage financing to a local non-profit owner of a retail shopping center in Philadelphia. The property is a neighborhood [...]
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 [...]
We are excited to announce a closing under our new Small First Mortgage Lending Program of a $75,000 first mortgage on a day care center in the suburbs of Philadelphia. [...]
Gelt Financial just closed a $125K refinance on a single-family home in Richmond, Virginia. The borrower wanted to do some light rehab before putting the property back on the [...]
Gelt Financial just closed a $400K refinance loan for a medical office building in Odessa, TX. The property sits in a fantastic location with excellent parking, and the borrower came to us with strong business financials. With a low 49% LTV, this deal was a great fit for our flexible lending approach. When traditional lenders say NO, we say YES! About Gelt Financial Gelt Financial is a non-bank commercial [...]
Miami Preferred Equity MultiFamily: Gelt Financial, a leading commercial real estate lender, announced the closing of a preferred equity investment on a 16-unit Multifamily property in Miami, FL. Gelt [...]
Gelt is excited to partner with a local real estate investor. We provided 100% debt and equity in a deal where we purchased an office building and leased it out [...]
Gelt Financial has provided a First Mortgage on a multifamily investment property in Brooklyn, NY. "Gelt is flexible with how we structure deals, giving us a real edge in providing [...]
Just Closed! Gelt Financial just funded a $250K cash-out refinance loan for a single-family home in Washington, DC. No appraisal. Super-fast closing. Cash-out refinance. Flexible documentation. The borrower, a [...]
We are pleased to provide financing to a condominium Association that was in Chapter 11 Bankruptcy, in the Atlanta, GA area. The funding we provided them allowed them to exit [...]
Chicago suburbs, the mixed-use property being purchased by an attorney at a discount price. We provided the first mortgage under our no income qualification program. Gelt Financial, is a private [...]
An experienced investor was able to put under agreement of sale an Industrial building with a large amount of ground at a very good price. The property was lost to [...]
JUST CLOSED IN ATLANTA, GEORGIA! Gelt Financial is excited to announce we just closed a First Mortgage on a gas station in Atlanta, GA. Our repeat borrower is a [...]
ANOTHER DEAL DONE! Gelt Financial recently closed on a purchase of a non-performing loan collateralized by a medical office building in Tampa, FL. The note was purchased at PAR [...]
Cash Out Refinancing Gelt Financial, LLC was pleased to provide first mortgage cash-out financing for this owner-occupied restaurant in Grand Rapids, Michigan. A mortgage broker brought us this deal. It's [...]
JUST CLOSED IN BROOKLYN, NEW YORK! Gelt Financial is excited to announce the closing of a $800K first mortgage in Brooklyn, NY. The investment property was a retail building [...]
Gelt Financial has announced a new lending program within the multifamily space and is now offering bridge loans up to $5,000,000 on properties with up to 200 units. The company [...]
Gelt Financial has just closed a blanket loan on owner-occupied gas stations and C-stores in New Jersey. The current Bank called the loan due and put them in foreclosure and [...]
Just Closed in Rochester, NH! This borrower came to us in a tough spot—extremely low credit, missed payments, and no time for the usual red tape. We stepped in and [...]
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 [...]
LOAN CLOSED IN JUST FOUR BUSINESS DAYS! Gelt Financial just closed a $185K Cash Out First Mortgage in West New York, NJ on an investment condominium. The buyer needed [...]
JUST CLOSED IN FOUR BUSINESS DAYS! Gelt Financial is excited to announce we just closed a $500K mortgage on a five-property Dollar General portfolio across multiple states. Gelt provided [...]
Condo Closed! Gelt just closed the first mortgage on an office condominium in Chicago for the owners of a small family business. When their bank said No, We said yes [...]
Mortgage and Real Estate Professional Tip: If you plan on selling or refinancing real estate, make sure your title to the property is clear and cleaned up. Often there are mortgages, liens, [...]
What is a LTV Loan to Value and how do we calculate it? This is not a cut and dry question. "Marcy: Hey Jack Jack: Hey Marcy, let's talk today about [...]
In the video, Jack shares negotiation tips for property deals. He emphasizes the "Art of Negotiation is to Analyze" -- the importance of analyzing the situation, listening actively, and keeping one's [...]
Jack Miller and Marcy talk about a fast closing on a mixed use property in New Jersey that a residential mortgage broker brought to us when no one else could close [...]
Gelt Financial closes a refinance on 2 small multi family properties in CT. "Jack: Hello, this is Jack and Marcy at Gelt Financial again, super excited. We're always excited here, but [...]
We just provided with a experienced investors 4.3 Million bridge Mortgage on 3 credit tenant deals as part of a 1031 Transaction. This borrower will refinance with a bank, but a [...]
Real estate investors, DON'T depend on anyone else when doing your background or due diligence for your real estate projects. This can backfire on you or cause complications. "Hey, this is [...]
In the video, Jack shares a valuable tip for investors: many people and businesses fail because they take on too much and lose focus. He advises caution, emphasizing the importance of [...]
Questions from a Mortgage Broker on closing a commercial mortgage quickly. How to best prepare for a fast closing. "Jack: Okay, Marcy Berger, we're recording. First, like our YouTube channel and [...]
In the video, Jack explains the concept of a co-tenancy clause in a lease, particularly in retail leasing. The clause allows one tenant to terminate or modify their lease if another tenant [...]
Jack Miller Gelt Financial's founder talks about how to become a commercial mortgage broker. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
Jack and Marcy talk to Mortgage Brokers and give tips on closing more deals. "Jack: Jack and Marcy at Gelt Financial. Marcy: How are you guys today? Jack: Hopefully, you're having [...]
Commercial Mortgage Pawn Shop in Fort Lauderdale, FL "Marcy: Hi, Jack. Jack: Hey, Marcy. To tell people, I should, I say at the end, but I'm going to say at the [...]
Michael Kelman goes into detail and lays out the business purposes and commerical mortgage that are in the stick zone of Gelt Financial and how we can get create to meet [...]
Jack Miller speaks to mortgage brokers and talks about doing business together and some things to know.
Gelt just provided the financing and funding on 3 single family investment properties in Florida all purchased at an auction. "Jack: Hey, this is Marcy and Jack at Gelt Financial. Hopefully, [...]
Jack Miller talks about surviving a down term. How he survived numerous downturns and reinvested the company. What he learned along the way. "Well, this is Jack Miller. I hope this [...]
In the video, Jack shares his top 11 reasons to be in the mortgage business. These include no formal education requirement, a consistent demand for mortgage services, high income potential, and [...]
Gelt Financial closes a refinance on investment condominium in Jersey City, NJ. "Jack: Hello, this is Jack and Marcy again, here to tell you about a loan. A loan we just [...]
Gelt closed another Mezzanine loan on 3 properties in 3 states with 3 tenants. this was a Collateral based loan. "Jack: I personally, I'm super excited. We just closed a mezzanine [...]
The video titled "Pro Guide To Commercial Mortgage Rates with Some Key Factors" by Gelt Financial, LLC discusses the factors involved in pricing a loan in the private lending space. It [...]
Gelt Financial provided $500,000 as a first mortgage on an office Condominium in Orlando Florida, No appraisal, No income, No Credit, No Recourse financing. fast approval and closing. Gelt has been [...]
Gelt Financial provides First Mortgages on Single or Multi family residential Investment Properties that are being purchased to flip or to fix up and lease out. Gelt usually closes them very [...]
When a borrower ran short of capital to complete the repairs and their current lender would not lend them more money, Gelt step up and approved a second mortgage. "Jack: Hey, [...]
























