Gelt Financial featured real estate expert in article ‘How Many Months of Bank Statements for a Mortgage Are Needed?”
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Benzinga article “How Many Months of Bank Statements for a Mortgage Are Needed?”
How Many Months of Bank Statements for a Mortgage Are Needed?
written by Caitlyn Fitzpatrick of Benzinga
Yes, as you move through the mortgage approval process, you’ll likely need bank statements to prove your income. We asked experts how many you need.
Buying a house? Congratulations! But be prepared to provide so much personal information about yourself that even you learn something new. One of those key documents is bank statements. After all, you have to prove that you (and whoever you’re buying a home with) would be a responsible borrower. It’s never a bad idea to prepare in advance so that when you’re asked for them, you know exactly what to get. How many months of bank statements for a mortgage do you need? We got the official answer from two seasoned mortgage experts.
Private Money Lender – Related posts
We are pleased to be able to sponsor some of the marketing behind “Synagogue Security Tool Kit” put out by Herut North American Zionist Organization. “We are each other’s brothers/sister’s [...]
As prices in several markets dip for the year 2019, a lot of people are reminded about companies going bankrupt. Consumers are not the only ones affected by this - [...]
Gelt Financial, LLC a non-bank commercial portfolio mortgage lender who caters to commercial real estate owners and investor financing needs is pleased to launch its “Se Habla Español” campaign. According [...]
ANOTHER DEAL DONE! Gelt Financial recently closed on a purchase of a non-performing loan collateralized by a medical office building in Tampa, FL. The note was purchased at PAR [...]
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 [...]
DEAL CLOSED IN CHICAGO, ILLINOIS! Gelt Financial just closed on a $900k Bridge-to-Agency Loan in Chicago, IL. This professional investor could not close with traditional financing from Fannie/Freddie due [...]
Private money lenders are the secret weapon among commercial real estate investors and the reason behind the thriving commercial mortgage industry. Bridge loans and bridge mortgages play a critical [...]
Chicago suburbs, the mixed-use property being purchased by an attorney at a discount price. We provided the first mortgage under our no income qualification program. Gelt Financial, is a private [...]
JUST CLOSED IN METUCHEN, NEW JERSEY! Gelt Financial is excited to announce the closing of a $600k First Mortgage in Metuchen, NJ. This private mortgage was a refinance for [...]
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 [...]
We just closed 4 no income verification investor loans with cashout
Just Closed! We just funded a $240K cash-out refinance for two single-family homes in Marmora and Westville, New Jersey! This deal was a blanket mortgage with a 43% LTV — a solid, low-leverage, collateral-based loan. [...]
This borrower’s seller-financed mortgage came due to his commercial condo space. Gelt Financial, LLC was able to assist the borrower in refinancing his commercial property from which he runs his [...]
JUST CLOSED IN CHATTANOOGA, TENNESSEE + MACON, GEORGIA + DANVILLE, ILLINOIS! Gelt Financial is pleased to announce that they recently closed a $4.3MM First Mortgage on a NNN Portfolio [...]
Gelt Financial arranged to finance for clients that own a 34-unit multi-family apartment near Pittsburgh, PA. The loan enabled the client to pay off a higher-interest loan and receive [...]
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 [...]
Mezzanine financing is a type of capital that is used to finance a variety of different types of commercial real estate projects. Unlike traditional loans, which are secured by [...]
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 [...]
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 [...]
When you think about hard money loans, unconsciously, your brain pops out a photo of shady lenders who do business in alleys or in pseudo-offices with a hidden agenda [...]
As Yields Tighten, More Real Estate Investors Are Exploring Preferred Equity DealsThe increased capital flowing to the preferred equity space far outweighs the volume of available deals.Beth Mattson-Teig | Jul 19, 2021Real [...]
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 [...]
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 [...]
DEAL CLOSED IN ATLANTA, GEORGIA IN FOUR BUSINESS DAYS! Gelt Financial closed on a $1.2MM First Mortgage in Atlanta, GA. This office building was in a highly desired location, [...]
Gelt Financial just provided a First mortgage on a Car Wash in South Carolina. The borrowers were entrepreneurs and this was a collateral-based Mortgage.
4 Day Investment Property Closing, Gelt Financial moves very fast-Commercial & Investment mortgages.
4 Day Investment Property Closing, Gelt Financial moves very fast-Commercial & Investment mortgages."Marcy: Hi Jack.Jack: Marcy, we just closed a couple of deals, but one, in particular, closed in. It came in [...]
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: [...]
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 at Gelt Financial, LLC, nonbank commercial portfolio lenders, talk about the best way for a mortgage broker to submit and close a deal. Gelt offers financing to real estate [...]
Jack Miller and Marcy talk little about how real estate investors and mortgages brokers might want to ask for 100% financing? Its best to be set up for success and sometimes its [...]
Gelt closes non bank commercial mortgage on an 80,000 sq. ft. office building in Toledo, Ohio, for a highly sophisticated real estate investor: "Marcy: Hi, Jack! Jack: Hey, Marcy. We're live on... [...]
Jack and Marcy of Gelt Financial are back with another success story. We helped a client in Vineland, New Jersey with a joint venture equity loan and provided 100% of the [...]
Gelt Financial provides mortgage debt on owner occupied business properties: "Jack: Okay, Marcy. Marcy: Hi! Jack: Yeah, we're here. Oh, remember, I always forget, like this, wherever you're seeing YouTube or [...]
Closed First Mortgage on a Restaurant Bar in Philadelphia. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Jack: Hey, [...]
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 [...]
In the video Jack shares his experience in real estate investing and the importance of long-term strategies. He mentioned that real estate is not always a quick way to make money, [...]
Jack Miller goes over the Mortgage Brokers' Commissions, Mortgage Broker Fee Income, and more
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 [...]
Washington DC, Investment real estate 2 unit 1st Mortgage Bridge Loan cash out refi, No income verification foreclosure bail out. Fast approval and Closing. When your bank says No, we say [...]
Gelt Financial provided a Professional real estate Investors a first mortgage to payoff their existing debt and fix up a 5 unit property in Lake Worth Florida. "Jack: I love working [...]
Jack Miller goes over why commercial banks will call in or default on a commercial mortgage loan even when the loan holder is on-time with the payments. "Hi, this is Jack [...]
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 [...]
In the video, Jack explains the secondary mortgage market, where loans are bought and sold as assets. He discusses how loans, including mortgages, can be sold by originators and owners in [...]
Jack Miller and Marcy closed a very quick closing in Florida for a real estate investor on a single family investment property."Marcy: Hi Jack.Jack: Hey Marcy, how you doing? Our first video [...]
Jack Miller talks about surviving a down term. How he survived numerous downturns and reinvested the company. What he learned along the way. "Well, this is Jack Miller. I hope this [...]
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, [...]
Gelt Financial loves Chicago! We love to do business in Chicago. When your bank says no, we say YES! #privatelending #commercialrealestate #Chicago "Marcy: hi. Jack: hey, it's Jack and Marcy at Gelt [...]
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, [...]