No credit scores or low credit scores may be okay at Gelt Financial. We look at the entire picture. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES!
“Hello, this is Jack Miller. I hope you’re having a great day. I wanted to make this video to talk about credit. You know, credit’s very important when you’re borrowing money. But private lenders like Gelt Financial overlook credit or I don’t say overlook credit. We look at credit, and we look at the property, and there’s compensating balances.
So, at Gelt Financial, we really focus more on the property than on the credits. So, for example, we don’t have any credit score minimums, and we do deals with no credit at all. We just closed one, I’m gonna say four or five days ago, zero credit. People been in business for, I think, 35 or 38 years, and they just didn’t believe in credit, and we closed it. So, when you’re looking for a loan, it’s important to know your credit, self-understood. You should always try to have good credit. The better the credit, the better the deal you’re going to get. The truth is, if you have good credit, things are going to be cheaper for you. So, you should focus on your credit, try to establish your credit and maintain your credit and build your credit. But you should also know on commercial and investment property loans; different lenders have different credit standards. So, if you have credit problems, or if you had credit problems, and let’s face it, everyone in life has gone through something that’s just life, I know I have, we all have.
If you have credit problems or if you don’t have credit, you can come to lenders like Gelt Financial. We’ll overlook credit, and we’re focusing more primarily on the property. And again, we do deals with no credit all the time. So, check us out at geltfinancial.com. Like the video, like the YouTube, and remember, “When your bank says no, we say yes.” Have a great day.”
Category: About Us
Tag: bad credit mortgage
