What is it and when should an investor use it to their advantage? The Blanket Loan is a single loan that is collateralized by multiple individual properties. This is [...]
3 min readPublished On: October 3rd, 2020Categories: Commercial and Investment Real EstateGelt Financial, LLC was pleased to close on a Blanket Mortgage, two auto-related properties in Ohio for a borrower in Chapter 13.
0 min readPublished On: October 1st, 2020Categories: Deals DoneWe 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 [...]
1 min readPublished On: June 20th, 2019Categories: Deals DoneWe provided the financing for hard-working self-employed businesswomen to purchase a used car lot and repair center in Philadelphia, PA, under our No income documentation business owner programs. The loan [...]
1 min readPublished On: June 24th, 2018Categories: Commercial and Investment Real Estate, Commercial Mortgage, Commercial Mortgage Professionals, Mortgage, No Income VerificationGelt Financial, LLC recently closed a blanket mortgage on three retail properties in foreclosure, though a series of bank mergers the latest bank put this paying loan in default [...]
1 min readPublished On: August 19th, 2017Categories: Business, Commercial and Investment Real Estate, Foreclosure, Mortgage