Gelt Financial arranged a cash-out refinance for a client that owns a single-family investment property. The loan amount was $130,000.00 with a 30-year amortization and no balloon. It was done under our No Income verification loan program. Our No income verification program lets owners of investment properties and owner-occupied business and commercial properties purchase and refinances them without a lot of the red tape that banks do. In this case, 3 other lenders turned down the borrower.
We are helping people pay off higher interest loans and receive cash for other business purposes while lowering their monthly payment more and more said Jack Miller, with interest rates at an all-time low, Gelt is saving investors large amounts of money be refinancing multi family as well as other real estate investments. We focus on delivering the very best rates and terms to our borrowers in a stress freeway.
We are finding that real estate investor and business owners are coming to Gelt Financial because we offer bank terms without the aggravation and stress of dealing with a bank. Our programs offer up to 30-year amortizations or invest only loan, non-recourse mortgages. Loan to values up to 80%. 30 year fixed or adjustable rates. All with streamlined documentation and processing. On all loans, our underwriting process is flexible takes into considerations peoples and the properties pasts.
Gelt Financial, LLC was founded in 1989 since then it has provided financing to over 10,000 real estate investors and owners of business providing them the capital they need to build their American life.
We would love to help you meet your borrowing needs.