stated income mortgage on real estate investors and commercial owners
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Gelt Financial Corp.Real Estate Investment and Commercial
Stated Income Loan Program
215-947-2974
Program Highlights:
• Loan amounts from $100M-5MM
• 70% LTV on Commercial, 70% on NOO Residential
• Rates starting at 7.99%
• 30 year term/amortization *No balloon payment*
• No limit on cash out!
Downpayment or Equity
$250,000
Our
Funds
$750,00
0
PROJECT COST
$1,000,000
Program requirements:
• 650 credit score
• Completed 1003 application
• Recent credit report (We can pull it for you!)
This is a stated income program which means we don’t require income verification!
Time Line:
• Same or next day pre-approval
• Appraisal ordered same day as pre-approval signed
• Title work ordered same or next day
• Underwriting closing package while pending appraisal
• Funded in 2-4 weeks from signed pre-approval
Signed Approval
Appraisal TitleReview & Package
Funded!
Targeted Borrowers:
• Full time investors
• Self employed investors
• Investors in need of a quick closing to save a deal
• Investors looking quick and simple cash out