Closed: $250K Cash-out Refinance for Home in Washington D.C.
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 real estate investor with low credit, was turned away by other lenders—but not by us. He’ll use the funds for light rehab and continue renting the property.
With a 65% LTV and no traditional underwriting hoops, this deal is a great example of how we help investors unlock equity and keep moving. 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 is pleased to have H. Jack Miller take part in the Crittenden National Real Estate Conference in Miami, FL on October 25 to 27rd, 2017. Jack is very [...]
JUST CLOSED IN CHATTANOOGA, TENNESSEE + MACON, GEORGIA + DANVILLE, ILLINOIS! Gelt Financial is pleased to announce that they recently closed a $4.3MM First Mortgage on a NNN Portfolio [...]
Gelt Financial is thrilled to announce the successful closing of a $200K deal on a Retail/Warehouse Portfolio in Kansas City. We are proud to have provided the financing for [...]
Gelt Financial was recently featured in MSN Money's article, "Should You Buy a House During a Recession?" In this piece, H. Jack Miller, President & CEO of Gelt Financial, [...]
Top Hard Money Lender In Florida Hard money lenders have hard-won reputations because they don’t have the recognition of a national bank or other large, ubiquitous [...]
Gelt Financial just closed a $150K low-leverage cash out refinance on a renovated condo unit in Naples, Florida. The borrower inherited the unit, completed improvements, and is preparing to [...]
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 [...]
As a borrower, you may be curious about your options in securing a loan for your commercial mortgage, to grow your real estate investments, and to fund your projects [...]
Gelt Financial just refinanced an operating Gas station and C store in Pleasantville, New Jersey. When the owner of this property found himself on the receiving end of a default [...]
Gelt Financial was able to arrange to finance for the hard-working owners of a business and commercial real estate a sports retailer using their commercial real estate as collateral [...]
Written by Vice President of Gelt Financial, Noah Miller, and featured on Commercial Property Executive Gone are the days of Wall Street investors staking claim to all the assets, argues [...]
Gelt Financial just closed a $280K Mortgage for a daycare property located in the heart of Philadelphia, PA. Our dedicated team closed the deal in less than 10 days. [...]
At Gelt Financial, we love helping our customers achieve their goals. We just closed a $120K Joint Venture Equity deal for a vacant row home in Philadelphia, PA. This [...]
Just closed! We recently closed a deal that helped a borrower get their properties back on track with some quick funding from Gelt Financial. Thanks to the loan, they [...]
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 [...]
This borrower’s seller-financed mortgage came due to his commercial condo space. Gelt Financial, LLC was able to assist the borrower in refinancing his commercial property from which he runs his [...]
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 [...]
This month, Gelt Financial was featured in Scotsman Guide, the leading commercial real estate lending publication. See the featured article below: Let’s face it: The days of historically low interest rates, [...]
FOR IMMEDIATE RELEASE Gelt Financial, LLC and its sister company National Mortgage Income Investments Corporation (NMIIC) have reached a significant milestone: 110 consecutive monthly investor distributions, paid on the [...]
Gelt is pleased to have relocated its offices to 5300 Atlantic Ave, Suite 205, Delray Beach, Fl 33484, We are very excited about this move it will give us the [...]
When it comes to financing for commercial real estate investments, borrowers have two main options: traditional bank loans and private lenders, including hard money lenders. While both options have their pros and [...]
Gelt Financial was recently featured in Realtor.com's article, "What to Do If You Can't Pay Your Mortgage". In this piece, H. Jack Miller, President & CEO of Gelt Financial, [...]
Closed loan on a Mixed-use property. We financed this borrower one year ago right out of bankruptcy with a one-year term loan, now they have reestablished their credit and we [...]
Gelt Financial, LLC is pleased to provide financing for an owner of a 6 unit multi-family investment property in Cincinnati, Ohio. This was No income verification cash-out refinance with a [...]
Jack and Marcy share some real-life tips for commercial Mortgage Brokers: "Jack: Okay, we're starting; we're improvising here. Marcy: Yes, because we have had mechanical problems this morning. Jack: I'm embarrassed [...]
Real estate investors can make a lot of money with fix-and-flip rehab investing, but they also can lose a lot of money. Jack and Marcy talk about their experience of doing [...]
Jack Miller talks about a thank you email he got from a loan that just paid off. He also talks about how Gelt helps borrowers, who are real estate investors and owners [...]
Marcy and Jack talk about the eviction moratorium, non paying tenants and borrowing money in today's times. "Jack: Okay, we're live, Marcy. Marcy: All right, we're live. Jack: So let's continue [...]
Gelt is excited to provide first mortgage financing for an local real estate investor in Idaho on a single family dwelling. This was done under as a very limited documentation mortgage [...]
Borrower tip if you own and LLC and are borrowing money. Remember, when your bank says NO, we say YES! Jack: Hey Jack and Marcy at Gelt Financial. Marcy: Hi! How’s [...]
Gelt Financials provided a First Mortgage on a co-op investment property in Naples, FL. We are your private lending partner for small balance investment and commercial properties. Watch the video to [...]
Jack Miller goes over the Mortgage Brokers' Commissions, Mortgage Broker Fee Income, and more
Gelt Financial provided a Condominium association with the financing they needed, after being turned down by banks for capital improvements in order to comply with the new laws in Florida. [...]
We buy commercial real estate debt. That includes Performing, Non-Performing, and Sub-Performing commercial debt. Jack Miller goes over the types of commercial debt that Gelt Financial buys. Gelt has been helping [...]
Gelt Financial closes a first mortgages on coop investment property mortgage in a Trust. Behind the scenes with Jack Miller and Marcy Berger at Gelt Financials.
Gelt Financial closes a rehab mortgage to finish a property in Birmingham, Alabama. "Jack: Hello, this is Jack and Marcy at Gelt. Anyway, okay, new closing property in Birmingham, Alabama. Tell [...]
Mortgage Brokers, get in your year end closings, we are ok with Rush closing on Commercial mortgages
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 [...]
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 [...]
The video explains the definition of Note on Note Financing. It is the practice of buying and selling notes, typically related to mortgages and debts. Investors look for discounts and consider [...]
Gelt Financial loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. We Finance Cannabis Retail locations, contact us to learn more. [...]
We made this for our borrowers and mortgage brokers, we all know in life things do not always go as planned or smoothly. We are here to help and work with [...]
Gelt Financial provided $450,000 as a first mortgage on a Commercial building that was lost at a sheriff's sale and purchased back. No appraisal, no income, no credit, no recourse financing. [...]
Gelt Financial closes a refinance on a new construction investment property in Texas. "Jack: This is Jack, this is Marcy at Gelt Financial. We just closed the loan in Manville, Texas, [...]
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, [...]
Gelt Provided 100% financing of the sales price on an office Building In Illinois. No appraisal, quick close deal. No appraisal, rush deals, bank and other lender turndowns, and much more [...]
An email from a borrower after he paid Gelt Financial off. This is an every day event at Gelt and we are so grateful to our borrowers and love helping them succeed. [...]
Why do Professional athletes come to Gelt Financial to borrow money? We dive into it.....