Closed: $665K foreclosure bailout in NJ
Just closed! Gelt Financial delivered a $665K foreclosure bailout cash-out refinance secured by two mixed-use assets in Bound Brook, New Jersey.
This low-leverage, collateral-based blanket mortage came in at 35% LTV with strong cash-flowing properties and seasoned real estate owners behind the deal. No appraisal and no minimum credit requirements.
Fast, flexible, and focused on the collateral — that’s how we get deals done. 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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