When This Borrower’s Bank says No, We said Yes On a Commercial Mortgage Refinance
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
Private Money Lender – Related posts
80% LTV on commercial and investment mortgages in Eastern Pennsylvania, New Jersey, New York, Delaware and Maryland. Flexible underwriting and credit
JUST CLOSED IN BROOKLYN, NEW YORK! Gelt Financial is proud to announce we just closed a $450K First Mortgage on a mixed-use property in Brooklyn, NY. The building was [...]
Just Closed! Gelt Financial just closed a $270K foreclosure bailout in Hampton, Virginia. This was a race against the clock. The borrower was facing foreclosure and needed a solution [...]
Gelt Financial recently closed a $925,000 first mortgage loan secured by a medical office property in Plantation, Florida. The approximately 4,500-square-foot property was appraised at $1.725 million, resulting in [...]
Loan amounts $50,000,00 and above Commercial Properties or Investment Real Estate Commonsense Underwriting- Deal with decision-makers Customized terms to meet the borrower’s needs (we can be flexible) Purchase, refinance, storied [...]
JUST CLOSED IN MIAMI, FLORIDA! Gelt Financial is happy to announce we just closed on a $250,000 Land Loan in Miami, FL. This piece of land is zoned for [...]
When it comes to saving money through real estate, leverage is an important aspect. We have worked with a number of real estate investors who fix or flip residential non-owned [...]
Force-placed insurance, also known as creditor-placed or lender-placed insurance, plays a crucial role in protecting lenders’ financial interests in real estate properties. Let’s delve into the reasons behind [...]
In this Realtor.com article, real estate experts, including Gelt Financial, weigh in on the lasting lessons from the 2008 housing market crash. Gelt Financial President Jack Miller shares insights [...]
Gelt Financial is a top hard money lender that is known for its ability to close loans quickly, often in just a few weeks. Unlike traditional lenders, who often require [...]
Gelt Financial is excited to announce we just closed on a $225k first mortgage on a condo in Miami, FL. Talk about a breathtaking property! Discover more closed commercial [...]
What is it and when should an investor use it to their advantage? The Blanket Loan is a single loan that is collateralized by multiple individual properties. This is [...]
We are pleased to have secured asset-based financing for a telecommunications and IT company in Chapter 11 Bankruptcy providing them with an accounts receivable line of credit. Prior to contacting [...]
Second mortgages are a type of loan that are secured by the equity in a property. This means that the loan is secured by the value of the property [...]
DEAL CLOSED IN SANTA FE, NEW MEXICO! Gelt Financial is excited to announce we just closed on a $1MM first mortgage on an office building in Santa Fe, NM. [...]
Hard money lending is a type of financing in which a borrower receives a short-term loan secured by real property. Investors typically [...]
Non-performing mortgage loan buyers purchase defaulted mortgage notes from large banks, credit unions, and private lenders so the original lender can recover cash and move on. A non-performing mortgage [...]
About 18 months ago we received a referral from a workout attorney, he had a client who owned a multi-location small business. Their current lender a local bank had [...]
Gelt Financial just funded a $450,000 refinance loan for a single-family home in beautiful Charleston, SC. The borrower plans to renovate the property and turn it into a rental. With a 64% LTV and no income verification required, this deal highlights the flexibility we bring to real estate investors. Looking for creative financing? We can help. When your bank says NO, we say YES! About Gelt Financial Gelt Financial is a [...]
Gelt Financial recently arranged $9.8 million in commercial first mortgage financing for the real estate holding company of a large substance abuse recovery center. The company acquired three properties in [...]
Closed loan on a Mixed-use property. We financed this borrower one year ago right out of bankruptcy with a one-year term loan, now they have reestablished their credit and we [...]
We are pleased to help another small business owner and provide them with a cash-out refinance the mortgage on a liquor store they owned in Dearborn, Michigan, they came to [...]
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 [...]
NO Credit Checks For Residential-Investment Properties & Small-Balance Commercial Bridge Loans At Gelt Financial, we understand that traditional credit checks can sometimes limit your real estate investment opportunities. [...]
Jack Miller goes into detail on why real estate investing is the best inflation hedge and investment. He goes over it step by step. "Hello, this is Jack Miller. I hope [...]
We love working with our borrowers. They teach us so much. We are so great-full to be their lending and capital partners. "Hi, this is Jack Miller at Gelt Financial. I'm [...]
Do you really want to know a little more about the Gelt culture and the hours we put in? When your bank says No, We say Yes. "Hey, this is Jack Miller [...]
Gelt Financial loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. Gelt has been helping commercial real estate and investment borrowers since 1989. When [...]
Jack Miller and Marcy talk about how to value commercial and investment real estate. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, [...]
A must-watch for everyone who wants to be a commercial mortgage broker or who is one. A simple, easy tool that everyone should have and is easy to get. What do you [...]
Very high LTV, new construction, Florida almost nothings down. property only qualification. When your bank says NO, we say YES!
Gelt Financial closed a 1st mortgage cannabis dispensary in NJ for a cash out refinance to fix up the property, no appraisal or income verification. When your bank says NO, we [...]
Gelt Financial provides business purpose, investment and commercial mortgages to trusts. Behind the scenes with Jack Miller and Marcy Berger at Gelt Financials.
Gelt Financial just closed a note-on-note financing deal for a small commercial real estate loan in New Jersey—in under a week! No appraisal, no environmental reports, and no income verification needed. [...]
Markets and the needs of borrowers are always changing, in order for a mortgage broker to survive and serve the needs of borrowers, they need to pivot. Foreclosure bailout loans and [...]
In the video, Jack explains the concept of a co-tenancy clause in a lease, particularly in retail leasing. The clause allows one tenant to terminate or modify their lease if another tenant [...]
Gelt Financial closes a cash out, mixed use, no income verification mortgage in Indianapolis, IN. "Marcy: Hi. Jack: Hi, this is Jack and Marcy at Gelt. Marcy: How are you? Jack: [...]
Gelt Financial loves providing Real Estate Investors and Small Business owners the small balance mortgage financing they need. We Finance Cannabis Retail locations, contact us to learn more. [...]
Gelt Closed a first mortgage on a single family investment property. "Jack: Hi, this is Jack, and this is Marcy. We're social distancing at Gelt Financial. I hope everyone is having [...]
The video explains the definition of Note on Note Financing. It is the practice of buying and selling notes, typically related to mortgages and debts. Investors look for discounts and consider [...]
Jack and Marcy share some real-life tips for commercial Mortgage Brokers: "Jack: Okay, we're starting; we're improvising here. Marcy: Yes, because we have had mechanical problems this morning. Jack: I'm embarrassed [...]
In the video, Jack shares negotiation tips for property deals. He emphasizes the "Art of Negotiation is to Analyze" -- the importance of analyzing the situation, listening actively, and keeping one's [...]
Marcy and Mario talked about 2 recent closings on a Mixed use property and an industrial property that we provided first mortgage debt on. "Marcy: Marcy Mario: Mario Marcy: We're here [...]
Gelt financial closes a commercial office building in Atlanta Georgia for the owner of a new business in 4 working days after the bank said no at the 23rd hour. "Jack: [...]
Here is a client testimonial and review from our client Sam. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Hi [...]
In the video, Jack explains the concept of a blanket or cross-collateralization mortgage. It involves combining multiple properties into one mortgage, allowing borrowers to tap into equity in one property to [...]
Can you Invest in Mortgages or Trust Deeds using a Self Directed IRA Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we [...]
Gelt Financial loves working with Mortgage Brokers, and a very common question is how they get paid. This very short video answers that question. "Jack: Michael, how do Brokers get paid? [...]