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You pick your own terms on out Non Bank Commercial Mortgages
1. Gelt lets the borrower Pick the terms they want
One size does not fit all in Non-Bank Commercial Mortgages
Gelt recognizes the one size does not fit all and want to give our borrowers
more choices and input in designing the right terms that fit their needs. So, we
now offer
• Non-recourse first mortgages on stabilized income producing real estate
• Rush deals: We work with our borrowers to meet their time frames
• Prepayment and locks cannot be waived or customized to meet the goals
of the borrower
• Term we will offer terms up to 5 years
• Real Estate and Tax Escrow, we will give the borrower the choice if they
want us to escrow for their real estate taxes and insurance or they want
to pay them on their own. Your choice
• Documentation, we will waive unnecessary documentation and offer
several low and light documentation loans.
• Fixed-Floating: The borrower can choice if they want a fixed or a
floating rate
• Rate: We offer rates as low as 8.5% and have a special 9.95% program
for non bank borrowers.
• Due date 1st
of 15th
. We will let the borrower decide if they want the
payment date on the 1st
or the 15th
of the month. You know your cash
flow and you can make the choice.
•
All of this is designed to let the borrower have more flexibility in designing the
mortgage terms that best fits their needs.
When your bank says No, we say Yes,
Call us anytime at 561-221-0900 or email us at info@Geltfinancial.com
5300 West Atlantic Ave, Suite 205,Delray Beach, FL 33484
Phone: 561-221-0900
2. – 2 – April 15, 2019
Underwriter has final desertion which will be offered to borrower.