When This Borrower’s Bank says No, We said Yes On a Commercial Mortgage Refinance

By |1 min read|Published On: August 21st, 2017|

Gelt Financial, LLC just closed a commercial mortgage with a 30-year amortization. This borrower was unable to obtain traditional bank financing because of a personal IRS tax lien,

With the Borrower’s existing loan already matured, we were able to refinance his loan on this 12,000 sq. ft. Processing facility.  The new loan is a 5yr fixed amortized for 30 years.

The borrower was able to cash out to help pay off personal IRS tax liens and pay off his existing loan which had come due.

When your bank says No, we say Yes. Gelt offers non-bank financing to real estate investors and commercial property owners with programs that include no income verification loans, No seasoning, Bank Turndowns and credit problems welcomed. Contact us online at www.Geltfinancial.com or at 561-221-0900

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