Closed: $200K First Mortgage in Manhattan
JUST CLOSED IN MANHATTAN, NEW YORK!
Gelt Financial is proud to announce that we just closed a $200K First Mortgage on a stunning condo on Park Avenue in Manhattan. The borrower had encountered challenges in securing a lender for co-op financing, but we were able to provide the necessary funding. The loan was a cash-out refinance on a non-owner-occupied investment property, which the borrower intended to renovate for a fix-and-flip project. We had the deal approved within hours and provided a quick close.
Gelt does not shy away from complicated and difficult financing situations. We work with clients who would not qualify for traditional bank financing due to quick closing, poor credit, not enough documentation, or other challenging situations. When your bank says NO, we say YES!
View other closed hard money loans in New York City.
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender. We closed more than 10,000 loans totaling over $1 billion since 1989. Gelt focuses on providing debt to non-bank borrowers on all types of commercial real estate, including but not limited to multifamily, office, retail, warehouse, industrial, self-storage, and mixed-use.
For more info on how Gelt can help you with an investment property or on any of our other various products and services, take a look at what President Jack Miller on Gelt’s YouTube channel and for more info on our completed deals, check our Deals Done.
Private Money Lender – Related posts
You are debating receiving your real estate loans from either a bank or a private lender. There’s been a lot of talks lately about private lenders like us here [...]
Gelt Financial, LLC was please to provide a real estate investor with a $150,000.00 first mortgage refinancing on a residential investment condominium in Jersey City, New Jersey. This is another [...]
Virginia First Mortgage Purchase: Gelt Financial Announces Funding of $273,000.00 office Building in Virginia Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $273,000.00 [...]
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, LLC is pleased to announce that it has continued its sponsorship and underwriting of the costs involved with the Minhag recovery program in Boca Raton, Fl. When one [...]
Gelt Financial provided a first mortgage cash-out refinance on a mixed-use commercial property in Indianapolis, IN. In providing the financing that banks and traditional lenders did not do, Gelt looked [...]
Gelt Financial just closed a $400K refinance loan for a medical office building in Odessa, TX. The property sits in a fantastic location with excellent parking, and the borrower came to us with strong business financials. With a low 49% LTV, this deal was a great fit for our flexible lending approach. When traditional lenders say NO, we say YES! About Gelt Financial Gelt Financial is a non-bank commercial [...]
FORT LAUDERDALE, Fla., April 14, 2015 - With widespread criticism citing the demand for greater liquidity for minority interest owners in real estate partnerships and real estate crowdfunding positions, QuickLiquidity [...]
JUST CLOSED IN SEVEN BUSINESS DAYS! Gelt Financial just closed a $750K First Mortgage on a retail building in Fort Lauderdale, FL. This loan needed to close FAST, and we [...]
“Jack. Good afternoon. Thanks for getting right back to me – you are still the most responsive person I deal with and I hope we can get a deal done together [...]
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 was recently featured in BadCredit.org's article, "Private Lending That Produces Money-Making Wins," highlighting our commitment to delivering swift and reliable financing solutions. In the article, H. Jack [...]
ANOTHER DEAL DONE IN FLORIDA! Gelt Financial just closed a $60K First Mortgage on an investment condo in Fort Lauderdale, FL. Click here to view more closed Fort Lauderdale hard [...]
Cash-out Refinance, No Income verification, Out of country borrower, partial recourse, Property had city violations on it that need to be corrected. They tried their bank and when their bank [...]
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 [...]
New York Bridge Loan: Gelt Financial Announces Funding of $1.4MM Manufactured Housing Bridge Loan in New York DELRAY BEACH, FL (Nov. 12, 2020) – Gelt Financial, a leading commercial real [...]
Gelt Financial is excited to announce we just closed a $400K First Mortgage on two single family investment homes in Orlando, FL. If you need a hard money loan [...]
We just closed 4 no income verification investor loans with cashout
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, [...]
Jack Miller, President of Gelt Financial, LLC talks to Professor George Selgin, Director of the Cato Institute's Center for Monetary and Financial Alternatives. Author and world-known economics expert join us [...]
TL;DR: What Insurance Do I Need for a Hard Money Loan? • Property insurance (hazard): Covers the physical structure against fire, wind, theft, and damage • Liability coverage: Protects [...]
Gelt Financial Announces Funding of $150,000 retail property in Hallandale Beach, Florida. Gelt Financial, a leading commercial real estate direct lender, announced the closing of a $150,000 cash-out refinance [...]
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 - [...]
H. Jack Miller joins Ashley and Sara from the Successfully Screwed Podcast and talks about falling, failing and failure and overcoming obstacles. From https://www.successfullyscrewedpodcast.com/ Jack Miller’s story this week on The Successfully [...]
In this video, Jack and Marcy discuss a commercial mortgage loan deal that did not close and the reasons behind it. The property was good and had a great location, but [...]
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.
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 [...]
Jack and Marcy talk to Mortgage Brokers and give tips on closing more deals. "Jack: Jack and Marcy at Gelt Financial. Marcy: How are you guys today? Jack: Hopefully, you're having [...]
Gelt Financial closes a refinance on 2 auto related properties in Ohio, while the borrower was in Chapter 13. "Marcy: Hi, it's us again. Jack: It's us, this is Jack and [...]
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 advises mortgage brokers on everything they should have ready and provide to lenders to get their loans closed FASTER.
Jack Miller and Marcy talk a little about marketing basics for commercial mortgage brokers.
Gelt Financial closed a 1st mortgage rehab loan in Virginia for a cash out refinance to fix up the property, no appraisal or income verification.
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 [...]
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 [...]
Construction First Mortgage closed on investment property spec home in Boca Raton, Fl. "Marcy: Hey Jack. Jack: Hey Marcy, let's tell everyone we just closed something. We normally don't do a [...]
Gelt provides foreclosure bailout loans on commercial and investment real estate. "Jack: Hello, this is Jack and Marcy at Gelt Financial. Usually, we try to be bubbly, but this is like [...]
We just provided an experienced real estate investor 100% financing on a new purchase by talking an additional property as collateral, our mortgages were on two single-family properties in two cities, Orlando [...]
Gelt Financial, LLC is pleased to announce and start to offer a second mortgage program on some income producing properties where we are offering a first mortgage on of 5% of [...]
The video titled "Pro Guide To Commercial Mortgage Rates with Some Key Factors" by Gelt Financial, LLC discusses the factors involved in pricing a loan in the private lending space. It [...]
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 [...]
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 [...]
We are here to help our borrowers through the financing process. When one of them was short $150,000.00 on a mixed-use property, we lent them the additional money. One of the many [...]
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 is excited to provide first mortgage financing for an owner of a business who purchased a home for his employee's to live in. The buyer owned several restaurant business with [...]
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 [...]
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 [...]