We Do No Income Verification And No Documentation Loans
Today, we are having this talk because I wanted to tell you that we do no income verification loans and no documentation loans.
You may be asking, “Do you really do these?”
Here’s the thing. We’re focused on the deal, but we’re hyper-focused on the property. We want to make sure that borrowers can pay us back but, most importantly, that properties can pay us back.
We’re really not as concerned about someone’s personal income because, ultimately, the property is paying us back. So, that’s why we’re pretty flexible about how we document deals.
If a person doesn’t verify all their income, that’s fine. If they can only provide us with leases, that’s fine too. Really!
We’re looking for the customer to let us know what documentation they can give us to document the loan. But we’re using a common-sense approach.
There are no hard and fast guidelines on the documentation that’s needed, but we definitely offer no income verification and no doc loans.
In fact, we do a lot of these loans. Tons of them!
Feel free to check us out on our Home Page or call us at 561-221-0900 for more information.
Thanks, have a great day, and remember to think of us for all your no income and no documentation, verification, commercial, and lending needs.
Private Money Lender – Related posts
"Jack, Congratulations to the Gelt Team! Felix is a keeper!!! Most definitely, you will see more deals from my company."
Gelt Financial just refinanced an operating Gas station and C store in Pleasantville, New Jersey. When the owner of this property found himself on the receiving end of a default [...]
Use of co-GP structures increased during the COVID pandemic as real estate developers saw the benefits of sharing infrastructure, costs and risk. Written by Beth Mattson-Teig Developers and real estate [...]
Granite City, IL- We did the loan solely on the property 24-month term. Mixed Use property refinance Non-U.S. resident credit Foreign national Lives and works overseas No credit No personal [...]
We were very pleased and excited to provide first mortgage purchase money financing to a hard working businessman who managed the business and got the opportunity to purchase it, using [...]
Gelt Financial president H. Jack Miller was featured on Yahoo! Finance Should you buy a house during a recession? By AJ Dellinger In 2022, as inflation grew and gross [...]
When submitting loan requests to a private lender, it is important to provide as much information as you can to get a quick response and ensure that your deal [...]
“Jack. Good afternoon. Thanks for getting right back to me – you are still the most responsive person I deal with and I hope we can get a deal done together [...]
If you’re here, just know that our goal here is to educate new brokers. A lot of brokers have been asking about how to do business with us, what our [...]
When it comes to financing for commercial real estate investments, borrowers have two main options: traditional bank loans and private lenders, including hard money lenders. While both options have their pros and [...]
If you’re a new commercial mortgage broker and are here to learn the fundamentals of this business, then you’ve come to the right place. This talk is designed to give [...]
Some Reasons To Deal with Gelt Financial For Your Commercial or Real Estate Investment Mortgage We have a long history and were founded on February 1, 1989 Experience: We [...]
Today, I'm going to be listing for you my top 11 reasons for why you should be in the mortgage business. Whether you're a mortgage broker or a mortgage banker, [...]
Gelt Financial is pleased to announce we just closed a $4.3MM First Mortgage on a NNN Portfolio. The 1031 transaction included three properties in Chattanooga, TN, Macon, GA and [...]
Gelt loves working with mortgage brokers, and closing commercial and real estate investment mortgages, we do some creative and challenging deals and we love and take pride in the deep [...]
Gelt Financial, LLC was pleased to provide a $1,800,000.00 non-recourse first mortgage financing to a local non-profit owner of a retail shopping center in Philadelphia. The property is a neighborhood [...]
A closed first mortgage in Atlantic City, New Jersey, Mixed-use, no income verification mortgage. Self-employed business owner. When your bank says No, we say Yes. Contact us on 561-221-0900 or [...]
Jack Miller, President of Gelt Financial, LLC talks to industry expert Rocky Butani, Founder and President of Private Lender Link.com about finding and using hard money and private lenders in [...]
This month, Gelt Financial was featured in Scotsman Guide, the leading commercial real estate lending publication. Hidden Treasures: Joint venture equity may be a solution for smaller real estate deals [...]
Rehab Fix and Hold Gelt is pleased to have closed a mortgage to a local real estate investors in Haverstraw, Part of Rockland County, New York. We provided the investor [...]
Whether you’re a one or two-person shop or a large, correspondent lender that lends across the state or across the country, you know there are times when you get a [...]
So, you want to be a commercial mortgage broker. Well, here are the skills that I think you need to become one. Let me know if these apply to you [...]
I'm often asked, “How do I become a commercial mortgage broker? What's involved with the process?” Given the popularity of these questions, I thought I [...]
When submitting loan requests to a private lender, it is important to provide as much information as you can to get a quick response and ensure that your deal is funded. [...]
What do they say about an army? The best way to motivate them is to feed them? Well Team Gelt is not an army but we do always have good and plenty [...]
In this video, Jack and Marcy discuss a commercial mortgage loan deal that did not close and the reasons behind it. The property was good and had a great location, but [...]
Jack Miller talks about what he leaned by making Toast? How good things take time and effort before you see the results. "Hey, this is Jack Miller. I hope you're having [...]
Jack Miller and Marcy talk about a Mezzanine loan that just closed on a new state home in the North Shore of Long Island for a real estate investor. Mortgage broker [...]
In our latest YouTube video, Michael explains what a mortgage broker or borrower should send to Gelt Financial—or any lender—for a deal to be reviewed for approval. When your bank says [...]
We may sometimes refer to people who are struggling with thoughts of suicide as 'selfish.' In today's lesson, Leigh Ioffe busts this myth, and explains how we can take a gentler, [...]
Another deal closed! Gelt Financial discusses their recent closed loan on a 400k second mortgage in Tampa, FL. No appraisal, 85% debt. Interest only, short term, six month deal. We focused [...]
Gelt closes loans so fast because we do everything in-house, and you always speak to a decision-maker; most of our commercial and investment mortgages close in 10 days or less. We provide [...]
This is a short video on the types of commercial and investment mortgages that Gelt Financial Provides."Jack: Okay, you're on, Michael. What do you want to make a video on today?Michael: I [...]
What’s needed for a fast and smooth mortage closing at Gelt Financial? And what can cause delays? Go behind the scenes with Jack Miller and Marcy Berger at Gelt Financial to [...]
Marcy and Jack talk about why mortgage brokers, commercial real estate investors, and business owners come to Gelt, first, they go off the rails. This is a blooper Video. "Marcy: Hi. Jack: [...]
Gelt is excited to provide first mortgage financing for the owners of a multi family property in Brooklyn, NY. This property was inherited with a balloon loan that was in default. [...]
In the video, Jack explains the concept of value add in commercial real estate. Value add refers to purchasing a property and making improvements or changes to increase its value. He [...]
Markets are always changing and moving in order to survive Mortgage brokers need to pivot to what they can close and make money with. Condominium Association loans is an excellent way [...]
Jack Miller talks about what a Break up fee is and why and how it comes into play. "Hi, this is Jack Miller from Gelt Financial. I hope you're having a [...]
Jack Miller talks about 4 easy and tried and true ways to get 100% financing on commercial and or investment real estate. "Hi, this is Jack Miller from Gelt Financial. I [...]
In this video, H. Jack Miller shares common mistakes he has seen people make in real estate investing, especially with fix-and-flip projects. To succeed, you need to excel in three key [...]
Jack Miller closed another commercial mortgage, this time for a car wash. Gelt has been helping commercial real estate and investment borrowers since 1989. "Jack: This is Jack. Marcy: This is Marcy. [...]
Gelt is excited to provide first mortgage financing for an owner of a day care center in Chicago. He is an experienced operator and this is a new business for him. [...]
Very high LTV, new construction, Florida almost nothings down. property only qualification. When your bank says NO, we say YES!
A quick tip for real estate investors of all sizes...this is BIG common issue that happens in most deals that go bad. LACK OF CAPITAL. Everything always costs more and takes [...]
Marcy, Michael and Jack talk about bridge lending on 1031 NNN deals that Gelt Financial Provides. "Jack: Hello, it's Jack Marcy and Michael. Marcy: Hello. Michael: Hello. Jack: So, I wanted to [...]
Jack and Marcy go into detail on how to get 100% financing on Commercial and investment real estate. There is a lot of talk about this, but we drill down and [...]
Small Business Owner Occupied First Mortgage, provided by Gelt Financial. "Marcy: Hey Jack. Jack: Okay Marcy, so anyway, owner-occupied business, tell everyone about it. You know the details of this? Marcy: [...]





















