Gelt Financial, LLC
When Your Bank Says No, We Say YesDirect Lender, Time Sensitive and Storied Deals
Gelt Financial, LLC ("Gelt") is a non bank direct 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 up.
We also have a portfolio product which we offer to real estate investors and commercial property owners.
We offer preferred equity, Mezz, JV Equity and recapitalization's to existing commercial real estate partnerships.
Deal direct with decision makers, "When Your Bank Says No, We Say Yes".
Lending Guidelines
- Amounts
- $25k - $3m
- Rates
- 9% - 12%
- LTV
- 100%
- LTC
- 65%
- Term Length
- 1 to 60 months
- Closing Time
- 3 to 7 days
Loan & Property Types
- Loan Types
- Bridge
- Cash-out
- Fix and Flip
- Investment Property
- Partner Buyout
- Purchase
- Refinance
- Property Types
- Multi-Family
- Single-Family
- Retail
- Office
- Mobile Home Park
- Hotel / Hostel / Motel
- Condominium
- Mixed Use
- Day Care
Loan Parameters & Fees
- Parameters
Credit check required
Interest-only loans
Lend to forgien nationals
Owner-occupied property allowed
Will lend on purchases from auctions
Does property have to be under contract
Will provide proof of funds letter
Has pre-payment penalities
Minimum FICO score
2nd position loans
Lends on land
Lends to first time borrowers
Lends on ground-up construction
- Fees
- Legal
- Title
- Deposit
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- Inspection
- Underwriting
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Areas Served
Gelt Financial, LLC
(561) 221-0900
Address
5300 W Atlantic Ave, Suite 205
Delray beach,, Florida
5300 W Atlantic Ave, Suite 205
Delray beach,, Florida
Year Established
1989
1989
Number of Employees
11 to 50
11 to 50
License Numbers
We Work With
Borrowers, Brokers
EmpireFunders, 2093 Philadelphia Pike #7979, Claymont, Delaware, 19703