INVEST IN COMMERCIAL REAL ESTATE MORTGAGE DEBT AND TRUST DEEDS
GELT’S APPROACH TO MORTGAGE LENDING
At Gelt Financial, we believe that, when done properly, mortgage lending can be an attractive and secure investment.
To this end, we utilize the following principals when underwriting loans:
- Conservative Loan-To-Value Limits. Loan-To-Value (LTV) simply means the amount of the loan divided by the value of the property. Lower LTVs mean lower risk, as there is greater collateral value securing the loan. While Wall Street loans of the mid-2000s were often done at 100% LTV and banks still routinely make 95% LTV loans on owner-occupied properties today, Gelt makes loans where the LTV at the completion of any improvements will be no greater than 65%. Overall, we target a portfolio LTV of no more than 50%.
- Focus on Repayment. For each loan, we focus intently on how we will be repaid, even if the borrower defaults.
- Focus on Safety over volume. We have been in all economics markets and learned that it’s much better to focus on risk aversion over volume. So we are very focused on this.
You can invest in a single mortgage or diversify your portfolio.
Investors can purchase single whole notes secured by real property. The investor owns the entire note and the borrower pays the investor monthly mortgage payments which are collected by a servicing agent and distributed to the investor every month.
Fractional notes are single whole notes secured by real property that is owned by 2 to 10 investors. Each investor owns an undivided interest in the note and receives a pro-rata share of the monthly mortgage interest that is collected by a servicing agent and distributed to the investors every month.
Transparency is an important aspect of any investment. Simply put, it’s important for you to know what type of assets are securing your investment and that there are no surprises later on. At Gelt our goal is to provide complete transparency and, as a result, you review the complete underwriting and due diligence file with all documents and collateral information in it before you make a decision about investing.
In it is Financial Statements, Proof of Income, Credit, Leases, Appraisals, Title Reports, Insurance Underwriting analysis of the risks and the loan file. Once the loan is closed you also have access to detailed loan summaries, payment histories, project updates and photos, copies of key loan documents (such as Notes, mortgages, appraisals, etc.), monthly financial reports
If you are a qualified investor, that’s suitable for this type of investment we will send to you an investment opportunity for you to review. If you don’t like what you see you don’t invest. You only invest after you review and approve each deal.
Gelt Financial offers you more than 30 years of successful experience, high underwriting standards, and rigorous due diligence.
For more information please contact us Investor@Geltfinancial.com
HOW MAY WE ASSIST YOU?
Gelt Financial is here to help you with
your money lending needs.