Can I receive a referral fee for notes?
Yes, we will pay your requested referral fee.
How long does it take Gelt to close on these purchases?
We can close in under 2 weeks.
Is there a maximum LTV on note purchases?
Yes, typically 65% loan-to-value.
Does Gelt Financial pay PAR on their notes?
Yes, we will consider paying PAR when notes are under 65% LTV.
Do you buy performing notes?
Yes, we buy performing notes if their rates are in the mid-teens.
What lien position notes do you buy?
We are primarily interested in 1st lien notes, but we are open to buying 2nd lien notes under the right circumstances.
What types of notes do you not purchase?
We do not buy notes secured by land, rural properties, construction, development, heavy rehab, assisted living facilities, or specialty properties.
What types of notes do you purchase?
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.
