Here Are A Few Likes and Dislikes For Mortgage Brokers

 

Dislike and Likes - Gelt FinancialDislikes

  1. Sorry we do not lend on land or development deals (it’s not that we dislike these it’s we don’t understand them and don’t have the  expertise to evaluate them, so we stick to what we know)

 

 

Like and Dislikes - Gelt Financial

  Likes   

  1. We like a low loan to values deals.
  2. We understand credit problems including previous foreclosures and bankruptcy.
  3. We like cash flow and we want to see that our loan can be repaid.
  4. We like when a mortgage broker submits a deal, they do so with the financial statement of the borrower, credit report and summary. If it’s an income-producing property, the income, and expenses of the property. It’s also best to send us everything at once
  5. We like value-added deals.

 

Contact Gelt Financial today for your bridge loan needs!