Closed: $600k First Mortgage in Metuchen, NJ

By |1 min read|Published On: May 26th, 2022|

Metuchen, NJ

Gelt Financial is excited to announce the closing of a $600k First Mortgage in Metuchen, NJ. This private mortgage was a refinance for an owner occupied, multi-tenant, office building. We required limited documentation, no income verification, and no credit verification. Via a broker relationship, this bridge loan secured by investment property was brought to our attention. We quickly closed with short-term financing and flexible terms. The ballooning note needed to be paid off so we provided refinancing to catch up our borrower.

When your bank says NO, we say YES!

About Gelt Financial

Gelt Financial is a non-bank commercial real estate lender. We have 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. We offer a wide array of mortgage products including bridge loans, no income verification programs, foreclosure buy-out programs, DIP, JV Equity, and subordinate debt.

Deal directly with the decision-makers. 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 does on Gelt’s YouTube channel and for more info on our completed deals, check our Deals Done.

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