Hard Money Lender | Private Commercial Mortgage Loans

In business since 1989, Gelt Financial Corporation offers hard money loans, non-bank commercial and investor mortgages. We do loans that banks and others don’t. We are portfolio lenders. Deal directly 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.
To speak with a loan officer right now, fill out the contact form to the right.

  • Loan Size: $100K – $10MM+
  • Rates: From 8.00%
  • 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 75% of Appraised Value (Up to 100% financing)
  • Points: 3 Points


We are sorry but we do not lend on land or provide construction lending. Also, we have a minimum loan amount of $100,000.



Gelt Financial uses its vast experience and streamlined process to provide its clients
with competitive commercial financing while ensuring a smooth closing.


Gelt Financial is prepared to guide you through the treacherous pitfalls of commercial financing. With former banking executives leading the team, Gelt is uniquely qualified to secure the financing you need.

  • Competitive Rates, Flexible Terms, and Quick Closings
  • Common Sense and Fair Underwriting
  • Loan Programs For All Financing Situations
  • Over 30 Years In Business

Gelt does not shy away from complicated and difficult financing situations. With Gelt being in business for the past 25 years, we are eager and confident to tackle any obstacle that comes our way.

Gelt’s goal is to secure a competitive rate and flexible term financing for every single client. We strive to exceed all expectations by working hard, communicating effectively, and providing a quick closing.


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

Let’s Talk About Hard Money Loans

Whether you’re new to investments or loans in general, the term “hard money loan” is something you’ll certainly need to learn when beginning to navigate the world of financing. These private money loans are the way to go for a slew of reasons—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’re here because you’ve heard the term thrown around before and wonder if this could be a viable option for you and your investments. A hard money loan is in its truest definition, a short-term loan secured by real estate. The difference between a hard loan and other loans like those that come from big-name banks or credit unions is that a hard money loan is derived from private investors.

Traditional Loans and Hard Money Loans: The Real Difference

Conventional lenders are all about credit scores and obtaining all the credit reports available to them to conduct a thorough investigation on you—the potential owing client. You might need a loan for a variety of different things, like a property, a business, a residence, a mortgage, but whatever the case may be choosing the traditional method to obtain a loan for your needs can be an excruciating, time-consuming process. Many people run into the issue of having blemishes on their credit reports, and these mistakes can even be retained from a long time ago as credit reports keep information on file for years. The slightest hiccup can make going for a conventional loan either impossible or too drawn out to be realistic.

How Hard Money Financing Works

If conventional loaners focus on your financial standing by analyzing your credit backgrounds and seeking out your credit score, only loaning to you if you are in good standing, then what is the process behind hard loan lenders? Top hard money lenders actually do issue hard money personal loans on bad credit, and there are hard money lenders with no credit check.

Believe it or not, these hard money bankers such as us at Gelt Financial aren’t as concerned as traditional bankers in getting their money back, per se, and it’s because they’ve secured collateral in the property. 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.


Gelt Financial is proud of the long lasting relationships it has formed with its clients over the past 25 years in business.
Below are just a couple of testimonials from some of our loyal clients.

“I have been doing business with Gelt Financial for several years. In that time together we have closed some of the most difficult deals I’ve ever encountered. Exception after exception, Gelt is quick, effective and genuine in their efforts.”
-T. White

“I have had only the best working relationship with Gelt. You have a great team who knows how to work with the small investor and knows what it takes to make the deals work. I like their conservative and meticulous approach as well as their ability to assist in all facets of a transaction.” -Greg M.

How Long Do Hard Money Loans Last?

Whether you 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 be extended to 2-5 years. Hard money loan monthly payments then must be made, commonly of only interest, or interest and some principal accompanied with a balloon payment required at the end of the term.

Hard Money vs. Soft Money

If you are familiar with the terminology of hard money and hard money loans, then there’s a good chance you’ve also heard the phrase “soft money”, but what does that mean and how does soft money compare?

Soft money lenders follow a more conventional loan structure as opposed to hard money lenders. Traditional lenders and big-name financial institutions, similar to the process that follows normalized loans from banks and credit unions, offer soft money loans. To obtain this form of a loan, you also must be in good credit standing, and therefore 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 simply 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 all of the red tape.

Hard Money Real Estate and Hard Money Bridge Loans

Bridge loans and hard money loans are sometimes synonymous in financing terminology 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, which is good news if you are in the business of house flipping. 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. For home builders, a hard money loan can be the most appropriate method 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 ard money loan lenders is more flexible than large banking institutions that insist upon making loans a by-the-book process without budging when it comes to meeting an individual’s lending needs. Our private money lenders can tailor a hard money loan to meet your financial situation, as unique as it is, and when you develop your relationship with your hard money loan lenders, you can refinance hard money loans, or reformat your hard money loan monthly payments. This flexibility is something in which banks and credit unions simply cannot offer, making these hard loans the most desirable option for many people.


Gelt Financial understands that everyone is in an unique situation which requires an unique solution. We pride ourselves on thinking outside of the box to secure even the most difficult financing. Below are just some of the many benefits we offer.

Top Five FAQ About Hard Money and Hard Money Loans

How Fast Can I Get a Hard Money Loan?

There’s no set answer to this question other than “it depends.” There are different private hard money lenders who conduct their firms differently and it depends on their processes in issuing hard money loans to new clients when the time frame in obtaining a loan is concerned. Gelt Financial as a top hard money lender is extremely efficient in issuing loans and can do so in a matter of two weeks, if not quicker than that.

If you have a previously established relationship with Gelt Financial as your hard loan lender, we can speed up the process even more, and it could be within days you have access to your hard money.

What Can I Use a Hard Money Loan For?

Hard money loans allow for quickly borrowed capital, and with a private money loan, you can pay for a home, your mortgage, a business expense, real estate investments, home renovations, and a host of other investment and financial needs:

  • Hard money loans for a primary residence
  • Hard money real estate loans
  • Residential hard money loans
  • Commercial hard money loans
  • Hard money construction loans
  • Hard money personal loans
  • Owner-occupied hard money loans
  • Private real estate loans
  • Hard money mortgage loans

For as many ways hard money loans can be applied, there are lenders to issue them. There are hard money lenders for business, private money lenders for residential, owner-occupied situations, private investors for real estate loans, and even no money down hard money lenders—the list goes on. For every financial need and situation, there’s a hard loan lender and hard money broker waiting to fulfill the need.

House flippers, people looking to turn around a piece of real estate quickly and efficiently, typically go for hard money loans, while also using the advantage of hard loans to close the deal on a property fast, beating the competition. There are many hard lenders for real estate because the loan style is popular for property development, where investors can build a home and sell it for a profit within a short time period. Hard money personal loans are popular for financing a renovation or repair to a home or to quickly pay for an unexpected cost in which a loan cannot be sought out in the traditional sense.

How is a Hard Money Loan Different?

A hard money loan, or private money loan, is starkly different from a traditional loan because there’s no credit check required for the private money lender to proceed. Unlike a conventional loan, hard money personal loans are not processed through a financial institution like a bank but instead go through a private money lender. Hard lender and hard money bankers use real estate to secure the loan as collateral.

Why Go For a Hard Money Loan?

There is a multitude of reasons to pursue a hard money loan instead of opting for a loan through a bank or credit union.

The advantages to a hard cash loan or private money loan are that you won’thard money loans - Gelt Financial be jumping through hoops to obtain it. Any kind of hard money loan—a commercial hard money loan, a residential hard money loan, a direct hard money loan, hard money construction loans, or any hard money bridge loan—is fast, much speedier than going through the traditional by-the-bank process. With a hard money loan, you’ll be set to invest in a matter of a few weeks for your first one. After establishing a relationship with your hard money lender, verifying your banking and income information, you’ll be set to go. Unlike a traditional loan, there’s no need to be meticulous about the process.

Another prevailing reason behind hard money loans is that there doesn’t have to be a credit check. That’s why you’ll often see private hard money lenders advertise things like “no doc hard money loans” or “ hard money loans, bad credit” because these loans are for those who have struggled with obtaining a sterling credit score, or whose credit reports have been tainted in the past.

Can I Get a Hard Money Loan With Bad Credit?

Yes! One of the leading benefits for a hard money loan is no credit check. Hard money lenders personal loans with Gelt Financial often do not require any credit documentation in concern with your financial standing. If you’re climbing out of a rough situation, even from years ago, the negatives will follow you around on your credit report for ten years, making it extraordinarily difficult to obtain a loan in the traditional sense. National private money lenders, hard money loan lenders, or asset-based real estate private lenders move around the process of credit-checking or requesting credit reports, which is why a hard money loan is often the best option for people struggling with poor or even mediocre credit scores. Contact Gelt Financial today to assist you with a hard money loan!


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