Grupo Gap Equity Loans
At Gap Equity Loans, our mission is to unite people to complete a fair and balanced transaction between those who need financing and those who want to invest.
We have access to private investors and lenders that conventional banks do not. As a result, private investors can provide lower rates, lower closing fees, and more financing options than conventional banks.
Since 2008, we are proud to say that we’ve helped many people achieve their goals with strategic financing options.
Here’s an overview to help you better understand our Costa Rican private mortgage loan offerings, structured as interest-only loans: Our loan terms typically range from 6 months to 3 years, featuring annual interest rates and closing costs that are competitive with conventional banking options in Costa Rica. We strive to secure your loan swiftly, aiming for a turnaround time of 5 to 10 business days.
The interest rates proposed by our lenders are influenced by the loan-to-value (LTV) ratio, allowing for more favorable rates to be available for lower LTV ratios. For instance, leveraging a property valued at $300,000 USD to secure a $30,000 USD loan represents a 10% LTV and typically qualifies for more advantageous interest rates. Our lenders are prepared to offer loans at a maximum LTV ratio of 50%, providing flexibility while maintaining competitive terms.
Lawsen Tellier, Operations Manager
Lawsen Tellier, the Operations Manager at Grupo Gap, is a dynamic force in Costa Rica’s financial and real estate sectors. He embarked on his professional journey in his late teens, accompanying his father, the founder of Gap, to intricate loan site inspections.
With over a decade of experience, Lawsen has mastered the meticulous 18-step process at Gap Equity Loans, ensuring quality and security for private investors, from initial vetting to ensuring accurate National Registry recordings. Simultaneously, Lawsen has been a pivotal figure at GAP Real Estate, leveraging his understanding of property valuation and legal intricacies.
His dual roles have given him a unique vantage point, bridging the gap between loan lending and real estate, making him an invaluable asset to the GAP conglomerate. As he continues to shape the future of GAP’s diverse ventures, Lawsen’s journey from his late teens to a seasoned professional in Costa Rica stands as a testament to his dedication, expertise, and the legacy of the GAP companies.
Steven James Stewart, Strategic Advisor – Development & Capital Structuring
Steven Stewart brings over 35 years of international expertise in real estate development, capital structuring, and infrastructure finance to Grupo GAP. As Strategic Advisor, he plays a key role in guiding large-scale projects and advising on high-value loan structuring for GAP Investments and GAP Equity Loans.
A permanent resident of Costa Rica since 2004, Steven has helped shape a range of high-impact developments across the country, providing financial strategy and project oversight for residential, commercial, and hospitality ventures. His background includes managing complex capital stacks, working alongside local architects, construction firms, and financial institutions to align investor interests with borrower needs.
Before joining Grupo GAP, Steven led major initiatives in Canada and Latin America, managing a $300 million investment portfolio and advising on multiple Limited Partnerships. In Costa Rica, he has collaborated with top-tier firms such as Edificar, Constructora Meco, and Arquitectos y Diseños. His insights help ensure GAP-funded projects are well-structured, financially viable, and strategically aligned with investor goals.
Steven is fluent in English and Spanish and is highly regarded for his ability to navigate Costa Rica’s regulatory and financial landscape while delivering practical, on-the-ground execution.
Glenn Tellier is a highly regarded finance industry professional with a track record of over 25 years of experience in lending, investments, and financial planning. As the founder of Grupo Gap, Glenn has earned a reputation for providing expert advice and guidance to numerous clients, helping them make sound financial decisions and achieve their goals.
Glenn studied at the prestigious University of British Columbia, where he earned his mortgage broker’s license in the mid-90s. His dedication to excellence in his field is further demonstrated through his extensive training and experience, making him a trusted and highly sought-after professional.
Glenn is committed to providing his clients with the highest quality of service and is passionate about enhancing the country’s well-being by offering expert financial advice. His vast experience, industry knowledge, and dedication to excellence make him an invaluable asset to Grupo Gap.