No Income Qualification Refinance of 31 Condominium Units Palm Bay, Florida
We are pleased to close a no income qualification refinance of the first mortgage on this non-owner occupied condominium that the owner has purchased at discounted prices over time. The owner had worked very hard to accumulate these, but his credit score was too low for traditional banks and they did not verify enough income to qualify for a standard bank mortgage.
Our No Income Qualification Refinance Options
We are fast and flexible, deal directly with the decision makers.
Gelt Financial offers private financing to real estate investors and commercial property owners with programs that include:
- No income verification mortgages
- Bank turndowns and credit problems welcomed
- Bridge Mortgages
- Foreclosure buy out mortgages
- Foreign national programs
- Hard money loans
- Purchase
- Refinance
- Storied Loans
- Bridge Financing
- Debtor in Possession
- Joint Ventures
- Equity/Mezzanine
- Foreclosure/DPO
- Partnership Buyouts
- Subordinated Debt
- Acquisition,
- Judgment Payoffs
- Note Financing
- Recapitalization
- Rehab and Value Added deals
- No Income verification
- Light documentation
- Blanket Loans
- Foreign nationals
- Non-Recourse programs
- Commercial Second Mortgages
- No seasoning programs
- Discount note purchasing financing,
- Joint ventures
- Mezzanine
- Preferred equity and partnership programs
- No minimum credit scores
- 100% Gift Funds
- No look back on previous bankruptcies and foreclosures
When your bank says No, we say Yes!
Gelt Financial is one of the top hard money lenders in Florida. Contact us at 561-221-0900.
Private Money Lender – Related posts
JUST CLOSED! Gelt Financial is thrilled to announce the closing of a $500K Cash-Out Refinance for an owner-occupied office condominium in Orlando, FL. With a 41% LTV, this non-recourse [...]
JUST CLOSED IN NORTH FORK, NEW YORK!Gelt Financial is excited to announce we just closed a beautiful Single-Family Investment Property in North Fork, NY. This home is centered in picturesque [...]
JUST CLOSED IN LAKE WORTH, FLORIDA! Gelt Financial just closed a $700K First Mortgage on a 5-unit multifamily property in Lake Worth, FL. A local borrower came to us for [...]
Gelt Financial, LLC is pleased to have closed two small multi-family mortgages for a real estate investor who needed the cash out to use on another property.
Exciting news from Gelt Financial! We recently closed a $450K sale leaseback deal for a Residential Investment Property in New Jersey. The best part is, we made it happen [...]
JUST CLOSED Cash-Out Refinance in Ramsey, New Jersey! Gelt Financial just closed on a $500k First Mortgage on an office building in Ramsey, NJ, a suburb of New York [...]
Another successful deal was closed by Gelt Financial! We’re excited to announce the closing of a $300K cash-out refinance for a medical office in Baton Rouge, LA. This property, [...]
Rehab Refinance investment property in Baltimore, Maryland. Several investors owned the property and ran short of capital to fix up the property and complete the job. Gelt Financial, provided them [...]
JUST CLOSED IN FIVE BUSINESS DAYS! Gelt Financial is excited to announce we just closed an $840K First Mortgage on an office building in Orlando, FL. This project was [...]
Gelt Financial just closed a $195,000 cash-out refinance for a daycare center in Enfield, CT. The property is leased to a thriving daycare business and the real estate investor [...]
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 [...]
Gelt Financial, LLC provided self-amortizing financing for a 19-unit, self managed condominium association. The association will be using the financing to make capital improvements. Most banks would not extend financing [...]
Just Closed! We just funded a $240K cash-out refinance for two single-family homes in Marmora and Westville, New Jersey! This deal was a blanket mortgage with a 43% LTV — a solid, low-leverage, collateral-based loan. [...]
JUST CLOSED! Gelt Financial just funded a $130K Note-on-Note financing deal for a warehouse in Oakhurst, NJ . The borrower already held the 1st mortgage, making it the perfect [...]
Gelt Financial is thrilled to announce that we have successfully closed a $230K first mortgage on a car wash purchase in Charleston, SC. This incredible deal was completed in [...]
Just Closed! Gelt Financial just funded a $135K cash-out refinance for a single-family home in Baton Rouge, Louisiana! This deal came in at a 49% LTV — a strong, low-leverage, collateral-based loan with no income [...]
We are pleased to provide first Mortgage Bridge financing on a Single tenant Humana Health Care deal in Dayton, OH. The borrower came to us who owed a free standing [...]
No Income Commercial Mortgage Closed By Gelt Financial Small commercial no income verification purchase mortgage for the owner of a small business, When your bank says No, we say Yes. [...]
JUST CLOSED IN BROOKLYN, NEW YORK! Gelt Financial is proud to announce we just closed a $450K First Mortgage on a mixed-use property in Brooklyn, NY. The building was [...]
We are happy to close a commercial mortgage loan for an experienced real estate investor in Pittsburgh, Pa on a blanket mortgage of 3 properties, 2 retail centers and 1 [...]
Just Closed! Gelt Financial just closed a $406K purchase loan for a heavy value add retail center in Cocoa Beach, FL. The loan was secured at 65% LTV for [...]
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 [...]
Gelt Financial Announces Funding of $200,000.00 Office Building in Ohio Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $200,000 first purchase money [...]
JUST CLOSED IN MIAMI, FLORIDA! Gelt Financial is happy to announce we just closed on a $250,000 Land Loan in Miami, FL. This piece of land is zoned for [...]
Gelt Financial just closed a collateral-only first mortgage on a commercial property in Fort Lauderdale, FL, within 10 days. "Marcy: Hi, this is Marcy and Michael, and we're going to talk [...]
In the video, Jack discusses JV equity in real estate investment, where partners provide the down payment and others find and manage the property. Gelt Financial offers JV equity to investors [...]
In the video, Jack explains the concept of value add in commercial real estate. Value add refers to purchasing a property and making improvements or changes to increase its value. He [...]
Gelt Financial, LLC just closed a $1,000,000.00 first mortgage on a Building leased to Wendy's in TN. This was closed without an appraisal and within a week, the borrower needed a [...]
Gelt just closed on a Bridge to Agency short term mortgage solution on Multi Family in Chicago, we were called to private quick financing when it was clear the the permeant [...]
A Mortgage broker bought us an Office Condo financing request for a business owner who occupied the property and could not verify income and did not quality for bank financing due [...]
In the video, Jack discusses "daisy chains" in mortgage brokering. It involves multiple brokers passing on potential borrowers, but very few of these deals actually close, leading to wasted time and [...]
Gelt Financial just provided a First mortgage on a Car Wash in South Carolina. The borrowers were entrepreneurs and this was a collateral-based Mortgage.
A must-watch for everyone who wants to be a commercial mortgage broker or who is one. A simple, easy tool that everyone should have and is easy to get. What do you [...]
Some tips on how a commercial mortgage broker can earn 400k annually."Video Title: Tips on how a Commercial Mortgage Broker can make 400k annually.Speaker: Jack Miller and Michael KelmanTranscript:Jack: Michael, I want [...]
In Bridge Loans by Gelt Financial | Commercial Bridge Loans - Explained the video discusses bridge financing, which is a short-term loan used for two purposes: to make money, such as [...]
Jack Miller and Marcy talk a little about marketing basics for commercial mortgage brokers.
We just provided an experienced real estate investor 100% financing on a new purchase by talking an additional property as collateral, our mortgages were on two single-family properties in two cities, Orlando [...]
Super Rush Closing to save the day. "Jack: Okay, Michael Kelman, tell everyone exactly what happened. Don't spare anything in the last 10 minutes. Michael: We have a broker who has [...]
Gelt Financial provided a purchase mortgage first mortgage on Mixed Use Property in Brooklyn New York. No income qualification When your bank says No, we say Yes. "Marcy: Hi, all right. [...]
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 [...]
Jack talks about the difference between an Exclusive versus Non-Exclusive Fee Agreement for Mortgage Brokers. "Hello, this is Jack Miller at Gelt Financial. Hope you're having a fantastic day. I want [...]
Gelt Financial just closed a commercial office bridge loan in Orlando, Florida in 4-5 working days, When Gparancy contacted us and told us this was a super rush deal, we did it. [...]
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 [...]
Jack Miller gives a little explanation on why lenders charge prepayment penalties, the different types of them and some tips on how to analyze and negotiate the best one for your [...]
What is a Mezzanine loan. Gelt lends up and down the cap stack, debt and Equity. "Marcy: Hi. Jack: Hello, Jack and Marcy, making a socially distanced video on what a [...]
Jack and Marcy talk and debunk 5 common myths in hard money and private mortgage. Maybe people would be surprised at how useful hard money lenders are to real estate investors. [...]
This video presents a real estate investor who purchased an office building using tax liens. Gelt Financial provided collateral-based financing without personal income verification or appraisal. The deal was closed quickly, [...]
Gelt provides Condo and HOA Association Financing when banks won't. Typically banks wont deal with small associations, high delinquency, low reserves or high investor condensations as well as other reasons and [...]