Multi Family Mortgage-Freddie Mac Small Balance Closing
Gelt Financial assisted the owner of a 35 unit apartment building in North Huntingdon, PA in arranging a cash-out refinance using the Freddie Mac Small Balance Loan program. The Borrower will be able to use the proceeds for additional investments. Just as important, the Borrower was able to get an attractive ten year fixed rate.
RobertKrupka@geltfinancial.com
Gelt offers financing to real estate investors and commercial property owners with programs that include no income verification mortgages, Bank turn downs, and credit problems welcomed, bridge mortgages, foreclosure buy out mortgages, foreign national programs, Contact us online at www.Geltfinancial.com or 561-221-0900
Purchase, Refinance, Storied Loans Bridge Financing, Debtor in possession, Joint Ventures, Equity / Mezzanine, Foreclosure/DPO, Partnership Buyouts, Subordinated Debt, Acquisition, Judgement Payoffs, Note Financing, Recapitalization, Rehab, and Value Added deals.
No Income verification and Light documentation, Blanket Loans, Foreign nationals, Non-Recourse programs, commercial Second mortgages, No seasoning programs, discount note purchasing financing, joint ventures, mezzanine, preferred equity and partnership programs, No minimum credit scores, 100% Gift funds, no look back on previous bankruptcies and foreclosures.
Private Money Lender – Related posts
We are happy to close a commercial mortgage loan for an experienced real estate investor in Pittsburgh, Pa on a blanket mortgage of 3 properties, 2 retail centers and 1 [...]
Thinking about a mortgage loan from a big-name bank or a private mortgage lender, but you aren’t sure which one to choose? Think again—the differences will [...]
Gelt Financial has announced a new lending program within the multifamily space and is now offering bridge loans up to $5,000,000 on properties with up to 200 units. The company [...]
DEAL CLOSED IN MIAMI, FLORIDA! Gelt Financial just closed on a $300K First Mortgage on a single-family, investment property in Miami, FL. The non-owner-occupied home was bought vacant and [...]
Rehab Refinance investment property in Baltimore, Maryland. Several investors owned the property and ran short of capital to fix up the property and complete the job. Gelt Financial, provided them [...]
JUST CLOSED! Gelt Financial is pleased to announce we just closed a $325K First Mortgage on an Industrial Property in Pueblo, CO. This was structured as a cash-out refinance [...]
Gelt closed a first mortgage for an investor with the purchase of 6 condominiums all located in the same community. Instead of buying each unit individually, we were able to [...]
JUST CLOSED! Gelt Financial just funded a $750K purchase loan for a cannabis dispensary conversion in Marlton, NJ. With 34% LTV, the borrower, who holds a cannabis license, is [...]
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 [...]
LOAN CLOSED IN JUST FOUR BUSINESS DAYS! Gelt Financial just closed a $185K Cash Out First Mortgage in West New York, NJ on an investment condominium. The buyer needed [...]
Another successful deal was closed by Gelt Financial! We’re excited to announce the closing of a $300K cash-out refinance for a medical office in Baton Rouge, LA. This property, [...]
Gelt Financial has provided a First Mortgage on a residential investment property in Wildwood, NJ. The property was a townhome, one block from the beach and Gelt was able to [...]
JUST CLOSED! Gelt Financial just funded a $130K Note-on-Note financing deal for a warehouse in Oakhurst, NJ . The borrower already held the 1st mortgage, making it the perfect [...]
ANOTHER DEAL DONE! Gelt Financial recently closed a $185K First Mortgage in Cleveland, OH, on an owner-occupied warehouse. Gelt does not shy away from complicated financing situations. We work [...]
Commercial Mortgage Loan Closed Gelt Financial helped close a deal on a car wash in Lintoia, GA, the owner-operator chose Gelt Financial, LLC. We focus on providing financing to [...]
Gelt Financial has closed a First Mortgage on the purchase of an auto body shop in Winter Haven FL. This was a purchase by and operator, who is following his [...]
Gelt Financial just closed a $195,000 cash-out refinance for a daycare center in Enfield, CT. The property is leased to a thriving daycare business and the real estate investor [...]
JUST CLOSED IN MIAMI, FLORIDA! We are pleased to announce we just closed a $242,500 First Mortgage on an investment property collateralized by a condo in Brickell, the heart [...]
JUST CLOSED IN NEW YORK CITY, NEW YORK! Gelt Financial is proud to announce we just closed a $500K second mortgage on a 40+ unit apartment building in New [...]
Auto Body Shop in St Louis, Missouri, No income qualification with credit challenges for a 3-year term. Our No Income Qualification Refinance Options We are fast and flexible, deal directly [...]
JUST CLOSED IN THE HAMPTONS, NEW YORK! Gelt Financial is excited to announce we just closed on a $1.25MM Mezzanine Loan on a stunning property in The Hamptons, NY. [...]
Virginia First Retail Mortgage: Gelt Financial, LLC is pleased to have provided a 1st mortgage and a Line of credit 2nd mortgage on an auto repair and sales center in [...]
Gelt Financial, LLC is pleased to provide financing for an owner of a 6 unit multi-family investment property in Cincinnati, Ohio. This was No income verification cash-out refinance with a [...]
Gelt Financial, LLC provided self-amortizing financing for a 19-unit, self managed condominium association. The association will be using the financing to make capital improvements. Most banks would not extend financing [...]
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 just provided a experienced real estate investors and repeat borrower of Gelt's financing on land in Miami, Florida that's zoned for 9 units. "Jack: We're on. Marcy: Hi, how are [...]
Marcy and Jack talk a little bit about the increasing interest rate environment and what it means for commercial mortgage brokers and borrowers, and how to take advantage of it. "Marcy: [...]
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 [...]
Gelt is excited to provide first mortgage financing for an local real estate investor in Idaho on a single family dwelling. This was done under as a very limited documentation mortgage [...]
Just Closed: $1.8MM Joint Venture Equity deal in Willow Grove, PA. We are actively providing JV Equity, Preferred Equity, Mezzanine Financing, Second Mortgages and First Mortgages. We closed this deal in [...]
Why use a private lender? When to use a Private lender? "Marcy: Hi! Mortgage tip of the day! Jack: Mortgage tip of the day! Jack and Marcy at Gelt Financial. First, like [...]
Gelt provides Condo and HOA Association Financing when banks won't. Typically banks wont deal with small associations, high delinquency, low reserves or high investor condensations as well as other reasons and [...]
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 [...]
Jack Miller gives his opinion on leaving your job and becoming a full time real estate investor. What has he seen over the years: "How you doing? This is Jack Miller. [...]
Jack Miller gives his opinion on if its wise to pay down a home mortgages faster then the term calls for? Its all comes down to the person you are. "Hi, [...]
Marcy and Jack talk about the eviction moratorium, non paying tenants and borrowing money in today's times. "Jack: Okay, we're live, Marcy. Marcy: All right, we're live. Jack: So let's continue [...]
Jack and Marcy talk and debunk 5 common myths in hard money and private mortgage. Maybe people would be surprised at how useful hard money lenders are to real estate investors. [...]
When the banks said no, Gelt Financial said YES! We just closed a loan for a South Florida condominium association after other lenders turned them down. Whether it's unique challenges or [...]
Jack Miller advises mortgage brokers on everything they should have ready and provide to lenders to get their loans closed FASTER.
Gelt Financial closes a refinance on investment condominium in Jersey City, NJ. "Jack: Hello, this is Jack and Marcy again, here to tell you about a loan. A loan we just [...]
Marcy Berger of Gelt Financial Message to Mortgage Brokers. Call us at | 561-221-0900. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, [...]
Gelt Financial closes a rehab mortgage to finish a property in Birmingham, Alabama. "Jack: Hello, this is Jack and Marcy at Gelt. Anyway, okay, new closing property in Birmingham, Alabama. Tell [...]
In some situations, Gelt Financial does not require a credit report on residential investment property financing and small commercial Mortgage Financing. Gelt has been helping commercial real estate and investment borrowers [...]
Gelt Financial focuses on Small Balance- Business Purpose, Investment and Commercial Private Mortgages. We love loans under 1 Million. Private Lending without any red tape and log delays of banks. Gelt [...]
4 Day Commercial Investment Mortgage Closing on an Investment condominium, asset based loan, mortgage broker, no appraisal. Jack: Okay, Michael, tell everyone about the deal that we just closed. Give everyone [...]
Jack Miller gives a little explanation on why lenders charge prepayment penalties, the different types of them and some tips on how to analyze and negotiate the best one for your [...]
Part 2: Do you have what it takes to be a Mortgage Broker- Commercial or Residential? "Hello, this is Jack Miller from Gelt Financial again. I made a video the other [...]
Listen and uplift people. Commercial Mortgage Broker Tip of the Day and Advice for Commercial Mortgage Brokers. "Jack: Marcy and Jack, so we want to make our mortgage broker tip of [...]