At Gap Equity Loans, our lenders generally do not lend on raw land without significant construction on site. There are some exceptions to this rule but they are few and far between. Why is this? Land Generates Expenses, Not Income…
So, you've visited, you've maybe even stayed here for a short time, and you're looking to buy a home in Costa Rica. You've found a dream home but it's a bit outside your cash budget. Or, maybe you want to…
There are many reasons why you could have your loan declined by our risk analysts or our private lenders. Here are a few reasons and some tips on what you can do. Over 50% Loan to Value (LTV) Our lenders…
Gap Equity Loans provides asset-backed, fixed, secured lines of credit. What does that mean, exactly? We offer a set amount of cash based on our valuation of a fixed asset, usually real estate. Unlike a traditional mortgage, where you make…
You need a will and life insurance in Costa Rica for the purpose of Estate Planning. When moving to Costa Rica, for some strange reason, people often think that they don't need estate planning. It is so important to address…
Also known as second mortgages, home equity loans let you borrow money based on the equity that you have in your home. Understanding how home equity loan qualifications work will help you know when to take advantage of and when…
For whatever reason, you need a home equity loan, a short-term mortgage using your home as collateral. You're trying to figure out the easiest and quickest way to accomplish this. One would assume you would google mortgages in Costa Rica.…
Gap Equity Loans performs due diligence on a property to accurately determine how to refinance your loan. The more we understand your property, location and your current situation, the faster and easier we can facilitate a loan for you through…
So, how do you get financing for the purchase of your home in Costa Rica when the banks won’t help you? 100% financing is the answer! Here is a scenario: an expat without residency in Costa Rica. Let’s assume you…
In land development, many factors determine the success of a project. One of them is the ability to secure the necessary financing to complete the land development project. There was a time that finding funding for a land development project…