Commercial and Investor Mortgage Get Funded
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.       Gelt Financial, LLC (“Gelt”​) is a Balance Sheet  and indirect commercial lender satisfying its clients financial needs and goals since 1989. Gelt’s robust commercial product offerings are available across the country to US Citizens and Foreign Nationals. We focus on loans between $100,000 and 20 million. We also have a portfolio product which we offer to real estate investors and commercial property owners. We offer preferred equity and recapitalization’s to existing commercial real estate partnerships. “When your Bank says no, We say YES”​

 

Loan Category : Real Estate Lenders
Company : Gelt Financial, LLC
Phone Number : 5612210900
Email Address : JackMiller@geltfinancial.com
Address (Street, City, State, Zip) : 5300 W Atlantic Ave,, Suite 205, Delray Beach, Fl 33484
Website : www.Geltfinancial.com
Broker Co-Op : Yes
Lender/Loan Type : Direct Lender, Hard Money, Private Lender, Portfolio
Loan Purpose : Purchase, Rate & Term Refinance, Cash-out Refinance, 2nd/ 3rd Mortgage, Bridge, Fix/ Flip, Cross-Collateralize, Note Purchase, Hypothecation, Blanket, Joint Venture, Mezzanine, Foreclosure Avoidance
Property Types : Automotive, Hospitality (Hotels and Motels), Commercial/ Industrial (Warehouse), Mixed-use, Mobile/ Manufactured Home Parks, Multifamily (5+ Units), Residential (1-4 Units), Office (Building, Condo, Complex, etc.), Retail (Malls, Strip Mall, Store Fronts), Storage Facilities, Student Housing, Gas Station
Min. $ Amount : $100,000
Max. $ Amount : $20,000,000
Max. Loan to After Repair Value : 65%
Max. Loan to Cost : 100%
Max. LTV : 65%
Occupancy : Investment Property, Owner Occupied, Non-owner Occupied
Starting Interest Rate : 8.500%
Rate Type : Interest Only (ARM), Interest Only (Fixed Rate), Fixed Rate, Adjustable
Index : WSJ
Borrower/ Entity Type : Individual, Limited Liability Company, Corporation, Limited Partnership, Trust, Individual Retirement Account, Foreign National
Term : Less than 6-months, 6-months, 1-year, 2-years, 3-years, 5-years
Minimum FICO : 0
Credit History : Bankruptcy, Foreclosure, Late Mortgage, Collections/ Charge Off, Judgments/ Liens
Documentation : Full Documentation, 12 Months' Bank Statements, 24 Months' Bank Statements, Asset Depletion, Stated Income, Verified Assets, Stated Income, Stated Assets, Equity Only (No Credit, Income, or Asset Checks), Alternative Documentation
Minimum Origination Fee : 1.00
Prepayment Pentalty : Yes, No, Declining Prepay
Environmental Report Required : Yes, No
Appraisal Required : Yes, No
Default Remedy : Recourse, Non-Recourse
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