Closed: $300K Mortgage for a Single-Family Home in Charlotte, NC
Just closed! We recently closed on a $300K mortgage for a borrower in Charlotte who owned his single-family property free and clear. By leveraging the equity in the home, he was able to access $300K in cash through a low-leverage, collateral-based loan.
One of the biggest advantages here? The process was quick and straightforward—no documentation requirements and no minimum credit score needed. That allowed us to move fast and get him the capital without the usual hurdles.
This was structured as a short-term, interest-only loan, giving him flexibility as he prepares to list the property for sale. At the same time, it frees up capital so he can continue expanding his multi-family portfolio.
If you’re looking for fast, flexible capital, Gelt Financial can help you put your equity to work—without the red tape. 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.
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