When this borrower’s bank says No, We said yes. On a commercial mortgage refinance

21 Aug

When this borrower’s bank says No, We said yes. On a commercial mortgage refinance

By Mortgage 0 Comments

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.

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 Turn downs and credit problems welcomed. Contact us online at www.Geltfinancial.com or at 561-221-0900

 

 

 

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Author

Jack founded Gelt Financial in 1989 out of a dream and passion and through hard work, commitment, and boundless energy built it and has been the driving force ever since. Along the way has started many other companies including starting a title, appraisal companies, property management companies, co-founded an equipment leasing company, as well financed and owned a company that invested in tax liens just to name a few. Jack also has become a national expert and investor in commercial real estate.

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