Gelt Financial just provided a first mortgage cash out refinance on a commercial property in Des Moine, Iowa. The property was recently converted from a church to multi-unit commercial. In providing the financing which banks and traditional lenders did not do, Gelt looked at the income and cash flow from the property and not the borrowers or his credit.
This was brought to Gelt by a mortgage broker and closed within weeks.
When your bank says No we say Yes