Closed: $500K Second Mortgage in North Fork, New York

By |1 min read|Published On: September 22nd, 2022|

North Fork, New York - second mortgage


Gelt Financial is excited to announce we just closed a beautiful Single-Family Investment Property in North Fork, NY. This home is centered in picturesque wine country in the eastern portion of the North Shore of Long Island. Gelt made this $500k second mortgage with no appraisal and limited documentation. The collateral-based loan was set up as a cash-out refinance on new construction and rented out as an Airbnb.

View other hard money loans in New York

Need to close quickly? We are your non-bank lender for commercial mortgages of $3MM or less. Deal directly with the decision-makers. 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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