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.
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