Hard Money Lender | Private Commercial Mortgage Loans

Since 1989, Gelt Financial, LLC has led the way in hard money loans, non-bank commercial, and investor mortgages. We do loans that banks and others don’t. We are portfolio lenders. Deal direct with the decision-makers who can approve and close your loan fast. No committees. We are common sense, private mortgage lenders.

In its lifetime, Gelt has closed over 10,000 loans.

Hard Money Private Loan

  • Loan Size: $100K – $5MM (Minimum Property Value: $250k)
  • Rates: From 10.00%

  • Purpose: Purchase, Refinance, & Renovations, Bridge Loans, Investor Rehabs, Foreclosure Bailouts, Discount Note Purchase Financing, Debtor in Possession
  • Terms: Short term and Long term
  • Leverage: Up to 65% of Appraised Value (Up to 100% financing)

  • Points: 3 Points

Request Information On A Hard Money Private Loan

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    We are sorry but we do not lend on land or provide construction lending.


    Gelt Financial offers 5% extra piggyback second mortgages!

    Call us today! 561-221-0900


    • Foreign National Borrowers

    • Non-Recourse Financing

    • Complex Transactions

    • Refinance & Recapitalizations
    • Storied Loans

    • Debtor In Possession

    • Joint Ventures

    • Foreclosure/DPO

    • Acquisition

    • Rehab and Value Added Deals

    • No Income Verification and Light Documentation

    • No Seasoning Requirements

    • Discount Note Purchasing Financing

    • Note Financing

    • Subordinated Debt

    • Partnership Buyouts

    • Judgement Payoffs

    • Blanket Loans

    • Pref Equity/Mezzanine

    • Partnership Programs

    • No Minimum Credit Scores

    • 100% Gift Funds
    • No Look Back on Previous Bankruptcies and Foreclosures

    • Nationwide Lending

    Sorry, we don’t lend on land and we are not construction lenders.

    Let’s Talk About Hard Money Loans

    If you’re new to investments or loans, the term “hard money loan” is one you’ll need to learn when beginning. These private money loans are the way to go for many reasons. For example, does your financial situation put you in the right place for a hard cash loan or hard money loan? Hard loan lenders can prove to be the better route for many people in search of commercial, residential, mortgage, or private loan needs.

    What’s a Hard Money Loan?

    HARD MONEY LOANS by Gelt FinancialYou’ve heard this term thrown around and so as a borrower, you wonder if this could be a viable option for one of your investments. What’s the hard money loan definition? A hard money loan is in its truest definition, a short-term loan secured by real estate. There’s a key difference between hard loans and loans from traditional lenders. A hard money loan is instead backed by private investors. Hard money lenders issue short term loans. For borrowers looking to get investing quickly can use hard loans to do so. This grants the borrower money in a cash advance loan and an opportunity for an exit strategy. A hard loan is helpful if they are in the middle of selling and purchasing investment properties.

    Traditional Loans and Hard Money Loans: The Real Difference

    Conventional lenders will collect information on the borrower’s credit. This will include credit scores and credit reports. Traditional lenders want to conduct a thorough investigation on you to ensure your ability to pay off the loan. You might need a loan for a variety of different things, like a property, a business, a residence, a mortgage. Whatever the property type may be, choosing the traditional method to obtain a loan can be a tedious process. You might have blemishes on your credit reports, you rely on passive income, or have a low FICO score. These mistakes are even retained as credit reports keep information on file. The slightest hiccup can make going for a conventional loan or business loans from traditional lenders either impossible or too drawn out to be realistic.

    How Hard Money Financing Works

    Traditional lenders focus on your financial standing by analyzing your credit backgrounds. They seek out your credit score, only loaning to you if you are in good standing. What is the process behind hard loan lenders? Top hard money lenders actually do issue hard money personal loans on bad credit. There are also hard money lenders with no credit check. They do so by issuing short term loans secured by real estate. Borrowers looking at becoming investors, and in need of locking down a property fast could immensely benefit from a hard money lender.

    These hard money bankers, such as us at Gelt Financial, aren’t as concerned about getting their money back. It’s because hard money lenders use loans secured by real estate, using the property as collateral. Hard money lenders are concerned with the value of the collateral they’ve collected from you, and when or if necessary, will repossess and then sell the collateral in order to get their money back. A loan from a traditional lender is unrealistic if you’ve struggled with a scarred credit history of credit card debt and bad credit. This is true even over a short period of time. Traditional lenders won’t entertain the application for property loans on your behalf.

    As hard money lenders, we have dramatically different, client-friendly loan requirements! We pride ourselves on attractive rates and top tier loan values that allow our clients the ability to start investing…right away.


    Gelt Financial is here to help you with your money lending needs.

    How Long Do Hard Money Loans Last?

    no credit - hard money loansYou may have a hard money personal loan, a commercial hard money loan, a hard money loans for primary residence, a hard money real estate loan, or hard money business loans. The typical time span for such loans usually last around 12 months, but the term can extend to 2-5 years. Hard money loan monthly payments must be made. Payments are sometimes of only interest.  Or in some cases, payments are interest and some principal, accompanied with a balloon payment required at the end of the term.  

    Flexible terms with hard money lenders has advantages. Investment property loans, commercial loans, or residential real estate loans can all benefit.  You can build your cash reserves, focus on home equity and equity in the property. Whatever the rehab costs need to be addressed to increase the value of the property can be executed with hard loans.  Short term hard money loans allow for a real estate investor, like you, to not worry so much as to how you’ll repay the loan. You’ll focus on how you’ll sell your property at a lucrative purchase price.  This allows you the full benefits of hard money lending.

    Hard Money vs. Soft Money

    You know the terminology of hard money and hard money loans, but have you heard the phrase “soft money”?  What does soft money mean and how does it compare in terms of the pros and cons?

    Soft money lenders follow a more conventional loan structure as opposed to hard money lenders. Traditional lenders and big-name financial institutions offer soft money loans. The process is similar to those of traditional lenders like banks and credit unions.  To obtain this form of a loan, you also must be in good credit standing. You’ll be subject to a credit score review and must provide proof of income, as well as your credit reports.

    The application process is usually what determines a person’s decision in hard money or soft money loan, but it’s also the interest rates. With a soft money loan, you will see lower interest rates in comparison, but again, it depends on what the loan is being used for. If a short-term loan sounds like it will fit your needs, then a hard money loan is for you. You’ll also be able to close the deal fast and without the red tape.

    Hard Money Real Estate and Hard Money Bridge Loans

    Bridge loans and hard money loans are sometimes synonymous in financing terminology. This is because the loan is based in short-term lending—bridging the gap to fulfill project and investment needs. Hard money real estate loans are lucrative because it saves you from parting ways with a hefty amount of cash up front. This is good news if you are in the business of house flipping. With hard money loans, you’ll be able to focus on other essentials. Now, retirement planning, another rental property, a residential property, or commercial property won’t have to take a back seat in your finances. If you need to close a deal fast, and are always on the move in seeking out prime real estate, then a hard money bridge loan can be the best avenue for you. If you’re a novice real estate entrepreneur, a fix and flip investment property is a popular way of getting started in real estate investing. With Gelt’s hard money loans for real estate, a line of credit for fix and flip loans is easily achievable. For home builders, a hard money loan can be the most appropriate method. Especially if they are veterans in the business of property development and can turn a profit on their real estate in a short-term period.

    Flexibility With Hard Money Investors

    Gelt Financial as your hard money loan lenders is more flexible than large banking institutions. Traditional lenders insist upon making loans a by-the-book process with no accommodations. Our private money lenders can tailor a hard money loan to meet your financial situation, as unique as it is. When you develop your relationship with your hard money loan lenders, you can refinance hard money loans.  You can also reformat your hard money loan monthly payments. This flexibility is something in which banks and credit unions simply cannot offer.  This makes hard loans the most desirable option for many people.

    Top Five FAQ About Hard Money and Hard Money Loans