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Funded Deals
Here are just few examples of our special circumstance loans.
Put Gelt to work for you to experience
the “Gelt Guarantee”
A line of credit for rehabbing a shell
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Gelt financed the total costs for this 12-month loan, and the
buyer didn’t use one dime of his own money. |
A line of credit for a 60,000 sq. ft. retail store
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No doc loan, blemished credit |
Purchase of a gas station with environmental problems
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Borrower had no income or job. Gelt offered a $100,000 loan
that was paid back in less than 10 days. |
Purchase of a 9-unit apartment building
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Borrower had no cash up front, yet we closed the deal in
less than a week. |
Refinance of 25 apartments
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Gelt approved a No Income Verification loan for $180,000. |
Purchase of a commercial property
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No income loan, lent 42K to renovate |
Refinance of a medical office
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No seasoning cash out 90K |
Purchase of a funeral home
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5/30 term, mediocre credit. |
Purchase of a mixed use property and 2 apartments
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Even though buyer had mediocre credit, Gelt financed 100%
of the $55,000 sale price by using other properties buyer owned. |
Purchase of 6 unit property
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Buyer intended to fix up property. Gelt approved $143,000
loan for purchase and maintenance costs. |
Purchase of a 5 unit residential property
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All-vacant at closing, lent $75,000 to borrower with credit
score of only 675 |
Purchase of an 8 unit building
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Gelt approved an $180,000 loan, 8.375 rate, 20-year term
with a 10-year balloon |
Approved commercial property loan
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Borrower had NO income, Gelt lent money to fix up $42,000 property |
Approved land loan
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Approved land loan for $35,000 |
Purchase of an industrial building
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Gelt approved $150,000 to pay off balloon loan, buy equipment
and cash out |
Purchase of a corner grocery store with apartment above
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Borrower had little credit and no tax returns. Gelt approved
$29,000 loan |
Purchase of a property intended to be renovated for a law
office
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Loan for $150,000 was closed in 5 days from application, Borrower
FICO of 575 |
Interest only loan to purchase a warehouse
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120% financing. Loan in the corporate name |
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