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
Just closed! Gelt Financial delivered a $665K foreclosure bailout cash-out refinance secured by two mixed-use assets in Bound Brook, New Jersey. This low-leverage, collateral-based blanket mortage came in at [...]
Just Closed! Gelt Financial just funded a $315K refinance cash-out for a multi-tenant retail center in Middleton, Wisconsin. This was a property-only qualification loan on a value-add project. The [...]
How do Investors receive Quick Liquidity for real estate partnerships minority equity interests? One common investment strategy in commercial real estate is to bring multiple real estate investors together [...]
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 [...]
We provided the financing for hard-working self-employed businesswomen to purchase a used car lot and repair center in Philadelphia, PA, under our No income documentation business owner programs. The loan [...]
Hard money lending is a type of financing in which a borrower receives a short-term loan secured by real property. Investors typically [...]
Just Closed! Gelt Financial just funded a $250K cash-out refinance loan for a single-family home in Washington, DC. No appraisal. Super-fast closing. Cash-out refinance. Flexible documentation. The borrower, a [...]
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. [...]
Gelt Financial, LLC was pleased to provide a $1,800,000.00 non-recourse first mortgage financing to a local non-profit owner of a retail shopping center in Philadelphia. The property is a neighborhood [...]
Just Closed in Willingboro, NJ! Gelt Financial just funded a $670K refinance for a unique project—a former bank being converted into a cannabis dispensary. Traditional banks wouldn’t touch the deal [...]
As a borrower, you may be curious about your options in securing a loan for your commercial mortgage, to grow your real estate investments, and to fund your projects [...]
We just provided an experienced investor a cash-out refinance on Free standing Restaurant suburbs of Pittsburgh, established tenant, but the owner had a lot of credit challenges due to other [...]
JUST CLOSED IN NASHVILLE, TENNESSEE -- ATLANTA, GEORGIA -- NORTHAMPTON, MASSACHUSETTS! Gelt Financial is pleased to announce we just closed a $3.55MM First Mortgage on a NNN Portfolio. The [...]
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 [...]
Gelt Financial just closed a $150K low-leverage cash out refinance on a renovated condo unit in Naples, Florida. The borrower inherited the unit, completed improvements, and is preparing to [...]
The Gelt Charitable Foundation continues to make a difference with nationwide suicide prevention workshops. DELRAY BEACH, FLORIDA - Every September, we recognize Suicide Prevention Month, but one nonprofit is dedicated [...]
Gelt Financial is excited to announce we just closed on a $1.6MM mezzanine loan on a 60k SF office building in Houston, TX. The capital provided by Gelt will [...]
Rehab Fix and Hold Gelt is pleased to have closed a mortgage to a local real estate investors in Haverstraw, Part of Rockland County, New York. We provided the investor [...]
JUST CLOSED! Gelt Financial is excited to announce we just closed a $135K First Mortgage on a 2,500 retail building in Newark, NJ. When your bank says NO, we say YES! [...]
We want to earn your business, until the end of April, there is no appraisal cost on some new loans, No income verification, and Foreign national mortgages. call us today [...]
JUST CLOSED IN ATLANTA, GEORGIA! Gelt Financial is excited to announce we just closed a First Mortgage on a gas station in Atlanta, GA. Our repeat borrower is a [...]
Gelt Financial just closed a $125K refinance on a single-family home in Richmond, Virginia. The borrower wanted to do some light rehab before putting the property back on the [...]
Gelt Financial was recently featured in MSN Money's article, "Should You Buy a House During a Recession?" In this piece, H. Jack Miller, President & CEO of Gelt Financial, [...]
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 [...]
In this video, Jack and Marcy provide tips for successfully closing a private or hard money loan, emphasizing the importance of preparation and transparency for both brokers and borrowers. Key tips [...]
Gelt closed on strong value add deal in a major city, providing 100% financing. The property was purchased at a foreclosure auction, leased back to the owners and sold for a [...]
Jack and Marcy of Gelt Financial are excited to announce we just closed on a $1.6MM mezzanine loan on a 60k SF office building in Houston, TX. The property was valued [...]
The video discusses how a small loan payoff of $65,000 made to an ethnic family who owned a bodega in Atlantic City. Despite not making much profit on the deal, Gelt [...]
Some tips for Mortgage Brokers from Jack Miller at Gelt Financial, LLC on how to be a more successful mortgage broker. Gelt has worked with brokers for over 30 years and is [...]
This is a short video on the types of commercial and investment mortgages that Gelt Financial Provides."Jack: Okay, you're on, Michael. What do you want to make a video on today?Michael: I [...]
Jack and Marcy go into details on what they are seeing in the marketplace and how Gelt is doing deals. No appraisal, rush deals, bank and other lender turndowns and much [...]
Jack and Marcy talk about a 50k first mortgage Gelt Financial just closed on a Multi family property, There is almost no where for borrowers who want to borrower small amount [...]
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 advises mortgage brokers on everything they should have ready and provide to lenders to get their loans closed FASTER.
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 [...]
In the video Jack suggests a strategy for realtors to become real estate investors without using their own money. By rolling their commissions into investment deals, realtors can transition from being [...]
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 [...]
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 [...]
Gelt Financial, LLC just closed a $1,000,000.00 first mortgage on a Building leased to Wendy's in TN. This was closed without an appraisal and within a week, the borrower needed a [...]
Gelt Financial closes a a refinance First Mortgage on a Hospitality Property in Branson, MO. "Jack: We got a hotel—an extended stay hotel. We just closed in Branson, Missouri. We know [...]
Gelt Financial provides first mortgage financing on an owner occupied business under our no income verification program. No appraisal, no credit and no income verification. "Jack: Hello, this is Jack and [...]
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 provided financing to a small self managed condominium association in Seattle, Washington. They were unable to obtain bank financing due to them being self managed, under 20 units, and they [...]
In the video, Jack shares his top 11 reasons to be in the mortgage business. These include no formal education requirement, a consistent demand for mortgage services, high income potential, and [...]
Gelt Financial is a private commercial mortgage lender, and here are some advantages: speed, creativity, flexibility, common sense, and access to capital. When your bank says No, we say Yes. Gelt [...]
In some situations, Gelt Financial does not require a credit report on residential investment property financing and Small commercial Mortgage Financing. Watch our latest YouTube video to learn more! Gelt has [...]
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 [...]
Jack Miller and Marcy talk about Gelt Financial providing an existing borrower a $300,000.00 when they needed more money, The property was in Brooklyn, New York and was a mixed use [...]


















