Funded

Originated

States

Gelt Financial

lending guidelines

Loan Amounts

$50,000 - $2,000,000

Interest Rates

12% +

Loan Terms

6 months to 5 years

Fees

3%

Lien Positions

1st

Loan Programs Offered

Bridge
Cash Out Refinance
Commercial
2-4 Unit Multifamily
Private Money Loans

Borrower Entity Types Allowed

LLC
Individual(s)

Where we lend

Nationwide
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Things We Don't Consider

Land Loans, New Construction, Owner-Occupied Homes

Purchase Loan

- 65% Max Loan-to-Purchase Price

Permitted Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Seller Financing
  • Gap Lender

Fix and FLip

  • Experience Required
  • 100% Max LTC for Renovation Costs
  • Interest Charged only on funds drawn for Renovation Costs
  • Will Provide Funds for Renovation Costs

Refinance

new construction

DSCR

Fees

Relevant Info

Perks:

- Collateral-based lender

- No minimum credit score

- No 3rd party appraisals

- Flexible docs and terms

Specialties:

- Foreclosure bailout

- Bankruptcy exit

- Blanket loans

- HOA/Condo Association loans

About

Gelt Financial, a South Florida direct portfolio lender since 1989, provides non-bank loans for real estate investors. With 10,000+ closed loans, we offer direct access to decision-makers for fast approvals without committees. As private lenders, we welcome complex deals and tackle any financing challenge.

Testimonials

Gelt Financial is an extremely professional, friendly and experienced lender to work with. As a 30+ year real estate attorney, I have dealt with few lenders in my career with the means and ability to close a close as quickly and efficiently!

My firm has received term sheets from Gelt on a variety of complex, or "tricky" deals. Although they haven't all closed, the fact that Gelt has the flexibility to get these types of deals done is more than enough reason for you to be bringing your business to them. They have a great team of people, and they are a pleasure to work with.

They made the impossible happen... in the middle of a hurricane

Funded Deals

We couldn't find any recently funded deals in our database by
Gelt Financial

(This just means they haven't shared their most recent deals with us)

Contact  

Gelt Financial

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