- About us
- Foreclosures & Bankruptcies
- Loan Criteria
- Loan Servicing
- Loan Terms
- Mortgage Brokers
- Note Purchases
- Our Process
Yes, we typically require a minimum of 6-12 months of interest payments.
We require an upfront due diligence fee after the term sheet is signed. The remaining fees are due at the time of closing.
Yes, we are a direct lender. This means you speak with the decision-makers. This gives us flexibility with structuring deals that meet our borrowers’ needs.
Yes, our rates are typically higher than bank rates but we offer programs that banks do not offer.
Yes, we will pay your requested referral fee.
No, there is not an approval fee.
No, please reach out to us anytime with a loan summary. If possible, please email us an application with documentation.
Yes. Please contact us at Info@Geltfinancial.com and please send a copy of the mortgage and/or title policy with your contact information.
Yes, we buy performing notes if their rates are in the mid-teens.
Yes, we are very experienced with bankruptcy and helping those in bankruptcy. We have years of experience in capital restructuring, are active in debtor-in-possession financing, exit financing, and capital infusion that involve Chapter 11.
Yes, we can help those in foreclosure. These loans are called ‘foreclosure bailout’ and we specialize in them.
Yes, we do!
Sorry, we only lend on non-owner-occupied residences.
Yes and we can fund the rehab in draws.
Yes, we offer “no doc” and “limited documentation” loans
No, they are not required, but we are willing to review them.
Yes, we order an inspection during the due diligence process.
Not always. We have non-income verification programs available, as well as limited documentation programs available.
We have been working with mortgage brokers since 1989. We love working with mortgage brokers and pride ourselves on being mortgage broker friendly.
Yes, we will consider paying PAR when notes are under 65% LTV.
Please send us your new contact information and we will update our records.
Prior to issuing a term sheet, we will ask the broker how many points they are charging. We place the broker and their points on the term sheet, and the title company will pay the broker directly from closing.
We accept payment through the following methods:
- You can mail us a check.
- Pay online through your bank’s bill pay
- Wire us the funds
Send us an email with a draw request and pictures of the progress on the property. Please make sure to allow enough time for us to do an inspection.
Please contact us at least 5 days prior to the payoff date.
Please begin with one of the following:
- Call (561) 221-0900 to speak with us directly
- Fill out our form HERE
- Send an email to info@geltfinancial.com with information regarding your loan request
- Fill out one of our forms HERE and email the document(s) to info@geltfinancial.com
We offer loan terms between 6 months and 5 years.
We can close in under 2 weeks.
We provide approvals on each of our submissions within 24 hours.
It depends on the situation. Our loans are collateral-driven and we focus on the value of the real estate. If necessary, we allow borrowers to use additional collateral instead of a down payment.
As owner of the property, you will still receive insurance and tax bills. As soon as you receive the bill, please send it to our servicing department.
Yes, typically 65% loan-to-value.
No, we don’t have a minimum credit score requirement. We do ask for a recent screenshot of your credit score.
Yes, we require a minimum property value of $250,000.
- Same day approvals
- 10 day or less closings
- No appraisals required
- No minimum credit score
- You deal directly with us the entire time
Please send us the new bills. If we are escrowing for taxes and insurance, we will adjust your monthly escrow payment.
You can call us at 561-221-0900, email us at info@geltfinancial.com or submit your loan request HERE. Please provide us with property information and borrower information so we can provide you a quote.
- Minimum: $25,000
- Maximum: $5,000,000
While every loan is different, most loans close in 10 days or less.
We are primarily interested in 1st lien notes, but we are open to buying 2nd lien notes under the right circumstances.
If you can’t make a payment, please call or email us. We try to work with all of our borrowers.
Please request an extension by phone or email.
We offer loans on both commercial and residential-investment properties. We do not offer personal loans, unsecured business loans, or residential owner-occupied loans.
We do not buy notes secured by land, rural properties, construction, development, heavy rehab, assisted living facilities, or specialty properties.
Just like our mortgages, note purchases must be secured by commercial assets like multifamily, retail, office, industrial, etc. We also buy residential-investment notes secured by single-family residences, apartments, townhomes, etc.
We do not lend on land, rural, construction, development, assisted living facilities, and specialty properties.
Gelt Financial, LLC ISAOA 6401 Congress Ave Suite 215, Boca Raton, FL 33499
We lend in all states except AK, AZ, CA, HI, ID, MN, ND, NV, OR, SD, UT, VT
Since 1989, we have been a non-bank, private lender that currently serves 38 states. We have closed over $1 Billion of mortgages and provided financing for over 10,000 clients. We work with everyone and especially those who don’t qualify for traditional bank
Gelt Financial services your loan after closing. You will be dealing with us the entire time.
Gelt Financial offers private lending and hard money programs across the country on commercial real estate. We offer flexible terms, are able to close within just a few days and understanding of special situations.
Borrowers come to us because they have been turned down by banks or conventional lenders. Our borrowers need a lender that can close quickly and understand special situations.
